Central Pacific Bank Trust Division Sells 24,450 Shares of Invesco KBW Bank ETF $KBWB

Central Pacific Bank Trust Division decreased its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 46.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 28,440 shares of the company’s stock after selling 24,450 shares during the period. Central Pacific Bank Trust Division’s holdings in Invesco KBW Bank ETF were worth $2,224,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP boosted its position in Invesco KBW Bank ETF by 59.4% during the second quarter. Allworth Financial LP now owns 400 shares of the company’s stock worth $29,000 after purchasing an additional 149 shares during the period. Fifth Third Bancorp bought a new position in shares of Invesco KBW Bank ETF in the second quarter valued at approximately $31,000. AE Wealth Management LLC raised its position in shares of Invesco KBW Bank ETF by 214.4% in the second quarter. AE Wealth Management LLC now owns 459 shares of the company’s stock valued at $33,000 after purchasing an additional 313 shares during the period. BTG Pactual Asset Management US LLC acquired a new stake in shares of Invesco KBW Bank ETF in the second quarter worth $82,000. Finally, Comerica Bank lifted its stake in shares of Invesco KBW Bank ETF by 58.3% in the first quarter. Comerica Bank now owns 1,189 shares of the company’s stock worth $75,000 after buying an additional 438 shares during the last quarter.

Invesco KBW Bank ETF Trading Up 0.1%

NASDAQ:KBWB opened at $85.04 on Tuesday. Invesco KBW Bank ETF has a 1 year low of $51.13 and a 1 year high of $85.99. The firm’s fifty day simple moving average is $77.89 and its 200 day simple moving average is $75.12. The firm has a market capitalization of $6.30 billion, a PE ratio of 13.35 and a beta of 1.11.

Invesco KBW Bank ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.4515 per share. This represents a $1.81 dividend on an annualized basis and a yield of 2.1%. This is a positive change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41. The ex-dividend date was Monday, September 22nd.

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.