Addison Advisors LLC Purchases 485 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Addison Advisors LLC lifted its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 1.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 28,679 shares of the company’s stock after purchasing an additional 485 shares during the period. Addison Advisors LLC’s holdings in Invesco KBW Bank ETF were worth $1,874,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Invesco KBW Bank ETF by 1,780,000.0% in 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 last quarter. Fisher Asset Management LLC grew its holdings in shares of Invesco KBW Bank ETF by 11.6% in the third quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock worth $148,263,000 after purchasing an additional 262,800 shares during the last quarter. Wharton Business Group LLC grew its holdings in shares of Invesco KBW Bank ETF by 27.4% in the third quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock worth $116,489,000 after purchasing an additional 427,872 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Invesco KBW Bank ETF by 129,166.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after purchasing an additional 620,000 shares during the last quarter. Finally, Fiduciary Trust Co bought a new position in shares of Invesco KBW Bank ETF in the third quarter worth approximately $27,113,000.

Invesco KBW Bank ETF Stock Performance

Shares of Invesco KBW Bank ETF stock opened at $68.57 on Tuesday. Invesco KBW Bank ETF has a 52-week low of $48.73 and a 52-week high of $72.39. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19. The company’s 50 day moving average price is $68.57 and its 200-day moving average price is $64.48.

Invesco KBW Bank ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.