Clal Insurance Enterprises Holdings Ltd Decreases Stake in Invesco KBW Bank ETF $KBWB

Clal Insurance Enterprises Holdings Ltd lessened its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 37.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,421,000 shares of the company’s stock after selling 841,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 2.25% of Invesco KBW Bank ETF worth $112,430,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of Invesco KBW Bank ETF by 47.5% during the 4th quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock worth $772,603,000 after purchasing an additional 2,950,181 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Invesco KBW Bank ETF by 2,620.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after purchasing an additional 1,168,848 shares in the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of Invesco KBW Bank ETF by 86.1% in the 4th quarter. Temasek Holdings Private Ltd now owns 1,989,001 shares of the company’s stock valued at $167,653,000 after purchasing an additional 920,001 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Invesco KBW Bank ETF in the fourth quarter valued at about $72,072,000. Finally, Fisher Asset Management LLC lifted its stake in shares of Invesco KBW Bank ETF by 9.3% in the fourth quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock valued at $300,765,000 after purchasing an additional 303,052 shares during the period.

Invesco KBW Bank ETF Trading Up 0.9%

KBWB stock opened at $96.86 on Wednesday. The company has a market cap of $7.05 billion, a P/E ratio of 13.35 and a beta of 1.01. Invesco KBW Bank ETF has a 52 week low of $70.68 and a 52 week high of $98.97. The company’s 50-day moving average price is $91.33 and its 200 day moving average price is $86.66.

Invesco KBW Bank ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.4729 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Monday, June 22nd.

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.