Rockland Trust Co. Decreases Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Rockland Trust Co. reduced its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 3.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 17,451 shares of the company’s stock after selling 589 shares during the quarter. Rockland Trust Co.’s holdings in Invesco KBW Bank ETF were worth $1,140,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP bought a new stake in Invesco KBW Bank ETF in the third quarter worth about $29,000. Private Trust Co. NA increased its stake in shares of Invesco KBW Bank ETF by 88.7% during the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after purchasing an additional 266 shares during the last quarter. HM Payson & Co. bought a new stake in shares of Invesco KBW Bank ETF in the 3rd quarter worth approximately $68,000. FMR LLC lifted its stake in Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after purchasing an additional 515 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Invesco KBW Bank ETF in the third quarter valued at approximately $242,000.

Invesco KBW Bank ETF Price Performance

NASDAQ:KBWB opened at $66.48 on Wednesday. The company has a market capitalization of $2.82 billion, a P/E ratio of 10.69 and a beta of 1.19. The business has a fifty day simple moving average of $67.81 and a two-hundred day simple moving average of $61.53. Invesco KBW Bank ETF has a 1 year low of $46.53 and a 1 year high of $71.78.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco KBW Bank ETF Profile

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.