Invesco KBW Bank ETF $KBWB is RFG Holdings Inc.’s 9th Largest Position

RFG Holdings Inc. cut its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 12.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,101 shares of the company’s stock after selling 25,709 shares during the period. Invesco KBW Bank ETF accounts for approximately 3.5% of RFG Holdings Inc.’s portfolio, making the stock its 9th largest holding. RFG Holdings Inc.’s holdings in Invesco KBW Bank ETF were worth $13,854,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of KBWB. Allworth Financial LP boosted its position in shares of Invesco KBW Bank ETF by 31.5% in the fourth quarter. Allworth Financial LP now owns 522 shares of the company’s stock valued at $44,000 after acquiring an additional 125 shares during the period. Quadcap Wealth Management LLC grew its stake in Invesco KBW Bank ETF by 0.4% during the third quarter. Quadcap Wealth Management LLC now owns 55,017 shares of the company’s stock valued at $4,303,000 after acquiring an additional 235 shares in the last quarter. City Center Advisors LLC increased its holdings in Invesco KBW Bank ETF by 3.6% during the 4th quarter. City Center Advisors LLC now owns 8,277 shares of the company’s stock worth $698,000 after acquiring an additional 287 shares during the period. Quattro Financial Advisors LLC increased its holdings in Invesco KBW Bank ETF by 0.7% during the 4th quarter. Quattro Financial Advisors LLC now owns 42,235 shares of the company’s stock worth $3,560,000 after acquiring an additional 300 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Invesco KBW Bank ETF by 2.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,262 shares of the company’s stock worth $1,202,000 after acquiring an additional 313 shares during the period.

Invesco KBW Bank ETF Price Performance

NASDAQ KBWB opened at $92.64 on Friday. The company’s 50 day simple moving average is $87.32 and its two-hundred day simple moving average is $84.89. Invesco KBW Bank ETF has a 1 year low of $66.81 and a 1 year high of $95.05. The stock has a market capitalization of $5.85 billion, a PE ratio of 13.35 and a beta of 1.02.

Invesco KBW Bank ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be issued a $0.4729 dividend. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco KBW Bank ETF 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.