Stephens Inc. AR Decreases Stake in Invesco KBW Bank ETF $KBWB

Stephens Inc. AR cut its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 48.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 44,876 shares of the company’s stock after selling 41,904 shares during the quarter. Stephens Inc. AR’s holdings in Invesco KBW Bank ETF were worth $3,551,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Invesco KBW Bank ETF by 47.5% in the fourth quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock valued at $772,603,000 after purchasing an additional 2,950,181 shares during the period. Fisher Asset Management LLC grew its position in Invesco KBW Bank ETF by 9.3% during the fourth quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock worth $300,765,000 after buying an additional 303,052 shares during the period. Goldman Sachs Group Inc. increased its holdings in Invesco KBW Bank ETF by 4.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock valued at $239,168,000 after buying an additional 121,744 shares in the last quarter. Temasek Holdings Private Ltd increased its holdings in Invesco KBW Bank ETF by 86.1% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,989,001 shares of the company’s stock valued at $167,653,000 after buying an additional 920,001 shares in the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of Invesco KBW Bank ETF by 2,620.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after acquiring an additional 1,168,848 shares during the period.

Invesco KBW Bank ETF Price Performance

Shares of NASDAQ:KBWB opened at $93.77 on Thursday. The business’s 50 day simple moving average is $89.38 and its 200-day simple moving average is $85.95. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 13.35 and a beta of 1.01. Invesco KBW Bank ETF has a 12 month low of $70.68 and a 12 month high of $96.92.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.4729 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.89 annualized dividend and a yield of 2.0%.

About Invesco KBW Bank ETF

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.