Wilmington Savings Fund Society FSB Has $287,000 Stock Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Wilmington Savings Fund Society FSB lifted its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 6.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,385 shares of the company’s stock after purchasing an additional 264 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Invesco KBW Bank ETF were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in KBWB. Sanctuary Advisors LLC acquired a new stake in Invesco KBW Bank ETF during the second quarter valued at approximately $547,000. Magnus Financial Group LLC lifted its position in shares of Invesco KBW Bank ETF by 132.8% during the 3rd quarter. Magnus Financial Group LLC now owns 12,292 shares of the company’s stock worth $720,000 after buying an additional 7,013 shares during the period. Good Life Advisors LLC acquired a new stake in Invesco KBW Bank ETF in the 3rd quarter valued at $7,819,000. HM Payson & Co. acquired a new stake in Invesco KBW Bank ETF in the 3rd quarter valued at $68,000. Finally, Farther Finance Advisors LLC grew its position in Invesco KBW Bank ETF by 712.2% in the third quarter. Farther Finance Advisors LLC now owns 8,114 shares of the company’s stock valued at $476,000 after acquiring an additional 7,115 shares during the period.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $71.06 on Wednesday. Invesco KBW Bank ETF has a 52-week low of $46.87 and a 52-week high of $72.39. The business has a fifty day moving average of $68.20 and a two-hundred day moving average of $63.46. The stock has a market cap of $3.43 billion, a PE ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

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

Invesco KBW Bank ETF Company 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.