Simplex Trading LLC Sells 10,743 Shares of Invesco KBW Bank ETF $KBWB

Simplex Trading LLC cut its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 45.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,094 shares of the company’s stock after selling 10,743 shares during the quarter. Simplex Trading LLC’s holdings in Invesco KBW Bank ETF were worth $937,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Invesco KBW Bank ETF during the first quarter worth about $27,000. Fifth Third Bancorp bought a new position in Invesco KBW Bank ETF in the 2nd quarter worth approximately $31,000. Comerica Bank grew its holdings in Invesco KBW Bank ETF by 58.3% during the 1st quarter. Comerica Bank now owns 1,189 shares of the company’s stock valued at $75,000 after buying an additional 438 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Invesco KBW Bank ETF during the second quarter valued at approximately $85,000. Finally, Headlands Technologies LLC bought a new stake in shares of Invesco KBW Bank ETF during the first quarter valued at approximately $138,000.

Invesco KBW Bank ETF Stock Performance

KBWB stock opened at $77.52 on Monday. The company’s fifty day moving average price is $77.05 and its 200-day moving average price is $72.28. Invesco KBW Bank ETF has a one year low of $51.13 and a one year high of $80.04. The company has a market capitalization of $5.74 billion, a PE ratio of 13.35 and a beta of 1.11.

Invesco KBW Bank ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.4515 dividend. This represents a $1.81 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41.

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.