Jefferies Financial Group Inc. Acquires 22,480 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Jefferies Financial Group Inc. raised its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 325.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,380 shares of the company’s stock after purchasing an additional 22,480 shares during the quarter. Jefferies Financial Group Inc. owned 0.06% of Invesco KBW Bank ETF worth $1,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco KBW Bank ETF by 961.2% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after acquiring an additional 2,672,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in Invesco KBW Bank ETF by 1,780,000.0% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock worth $174,494,000 after purchasing an additional 2,670,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Invesco KBW Bank ETF by 129,166.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after buying an additional 620,000 shares during the period. Horizon Investments LLC bought a new position in Invesco KBW Bank ETF in the 4th quarter worth approximately $25,599,000. Finally, Summit Trail Advisors LLC bought a new position in Invesco KBW Bank ETF in the 4th quarter worth approximately $20,039,000.

Invesco KBW Bank ETF Price Performance

Invesco KBW Bank ETF stock opened at $66.85 on Wednesday. Invesco KBW Bank ETF has a one year low of $51.13 and a one year high of $72.39. The business has a fifty day moving average price of $60.35 and a 200-day moving average price of $65.49. The firm has a market capitalization of $3.88 billion, a P/E ratio of 12.26 and a beta of 1.19.

Invesco KBW Bank ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.4118 per share. This is a positive change from Invesco KBW Bank ETF’s previous dividend of $0.36. The ex-dividend date was Monday, March 24th.

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.