Clal Insurance Enterprises Holdings Ltd Purchases 2,672,000 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Clal Insurance Enterprises Holdings Ltd grew its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 961.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,950,000 shares of the company’s stock after acquiring an additional 2,672,000 shares during the quarter. Invesco KBW Bank ETF comprises 1.7% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 18th largest holding. Clal Insurance Enterprises Holdings Ltd owned approximately 0.06% of Invesco KBW Bank ETF worth $192,782,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Invesco KBW Bank ETF by 1.7% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 10,504 shares of the company’s stock valued at $686,000 after buying an additional 173 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in Invesco KBW Bank ETF by 6.4% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,385 shares of the company’s stock worth $287,000 after purchasing an additional 264 shares in the last quarter. Private Trust Co. NA boosted its stake in Invesco KBW Bank ETF by 88.7% in 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 in the last quarter. Addison Advisors LLC boosted its stake in Invesco KBW Bank ETF by 1.7% in the 4th quarter. Addison Advisors LLC now owns 28,679 shares of the company’s stock worth $1,874,000 after purchasing an additional 485 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Invesco KBW Bank ETF in the 3rd quarter worth approximately $29,000.

Invesco KBW Bank ETF Stock Up 2.1 %

KBWB stock opened at $69.60 on Friday. The firm has a 50 day moving average of $68.82 and a 200 day moving average of $64.80. The stock has a market capitalization of $3.36 billion, a PE ratio of 14.51 and a beta of 1.19. Invesco KBW Bank ETF has a 52 week low of $49.05 and a 52 week high of $72.39.

Invesco KBW Bank ETF Announces Dividend

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

About Invesco KBW Bank ETF

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.