Accredited Investors Inc. decreased its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 2.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 300,981 shares of the company’s stock after selling 7,069 shares during the period. Invesco KBW Bank ETF makes up about 2.9% of Accredited Investors Inc.’s investment portfolio, making the stock its 11th largest position. Accredited Investors Inc. owned 2.57% of Invesco KBW Bank ETF worth $14,507,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of Invesco KBW Bank ETF by 2.6% during the third quarter. Wells Fargo & Company MN now owns 72,042 shares of the company’s stock valued at $3,895,000 after acquiring an additional 1,809 shares in the last quarter. Credit Suisse AG lifted its holdings in Invesco KBW Bank ETF by 67.4% in the 3rd quarter. Credit Suisse AG now owns 78,970 shares of the company’s stock valued at $4,269,000 after purchasing an additional 31,786 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Invesco KBW Bank ETF by 14.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 831,369 shares of the company’s stock valued at $44,952,000 after purchasing an additional 105,730 shares in the last quarter. First Republic Investment Management Inc. purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter worth $200,000. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Invesco KBW Bank ETF by 94.5% during the 3rd quarter. Koshinski Asset Management Inc. now owns 28,691 shares of the company’s stock worth $1,551,000 after acquiring an additional 13,939 shares during the period.
Shares of KBWB traded down $0.13 during midday trading on Wednesday, hitting $51.43. The company had a trading volume of 1,989 shares, compared to its average volume of 436,334. Invesco KBW Bank ETF has a 1 year low of $41.02 and a 1 year high of $57.92.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.themarketsdaily.com/2019/04/17/accredited-investors-inc-has-14-51-million-holdings-in-invesco-kbw-bank-etf-kbwb.html.
Recommended Story: What does the Dow Jones Industrial Average (DJIA) measure?
Receive News & Ratings for Invesco KBW Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.