TAP Consulting LLC Has $5.75 Million Stake in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

TAP Consulting LLC cut its position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,151 shares of the company’s stock after selling 13,174 shares during the quarter. Invesco KBW Premium Yield Equity REIT ETF accounts for about 1.2% of TAP Consulting LLC’s portfolio, making the stock its 23rd largest holding. TAP Consulting LLC’s holdings in Invesco KBW Premium Yield Equity REIT ETF were worth $5,752,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Synergy Asset Management LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at about $27,000. Crews Bank & Trust purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth $55,000. Jones Financial Companies Lllp lifted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 85.2% during the fourth quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock worth $62,000 after acquiring an additional 1,592 shares in the last quarter. Silver Oak Securities Incorporated purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth about $204,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Invesco KBW Premium Yield Equity REIT ETF by 801.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 12,308 shares of the company’s stock worth $220,000 after purchasing an additional 10,942 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 0.1 %

Shares of NASDAQ KBWY opened at $16.97 on Thursday. The business has a 50-day moving average of $17.40 and a 200-day moving average of $19.04. The firm has a market capitalization of $211.79 million, a price-to-earnings ratio of 10.37 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $16.60 and a 12 month high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.1262 per share. This is a boost from Invesco KBW Premium Yield Equity REIT ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 24th.

Invesco KBW Premium Yield Equity REIT ETF Profile

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.