Invesco KBW Bank ETF $KBWB Shares Sold by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. trimmed its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 27.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,000 shares of the company’s stock after selling 25,000 shares during the period. Invesco KBW Bank ETF comprises 0.9% of Banco BTG Pactual S.A.’s investment portfolio, making the stock its 29th largest position. Banco BTG Pactual S.A. owned 0.09% of Invesco KBW Bank ETF worth $5,479,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KBWB. JPMorgan Chase & Co. lifted its position in Invesco KBW Bank ETF by 47.5% during the fourth quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock valued at $772,603,000 after buying an additional 2,950,181 shares in the last quarter. Two Sigma Investments LP lifted its position in Invesco KBW Bank ETF by 2,620.7% during the third quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after buying an additional 1,168,848 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in Invesco KBW Bank ETF during the third quarter valued at approximately $83,606,000. BNP Paribas Financial Markets acquired a new position in Invesco KBW Bank ETF during the fourth quarter valued at approximately $72,072,000. Finally, Fisher Asset Management LLC lifted its position in shares of 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 purchasing an additional 303,052 shares in the last quarter.

Invesco KBW Bank ETF Trading Up 1.9%

NASDAQ KBWB opened at $91.05 on Friday. The company’s fifty day simple moving average is $85.93 and its 200-day simple moving average is $84.33. The stock has a market cap of $5.75 billion, a P/E ratio of 13.35 and a beta of 1.02. Invesco KBW Bank ETF has a 52 week low of $65.40 and a 52 week high of $91.43.

Invesco KBW Bank ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.4898 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44. The ex-dividend date was Monday, March 23rd.

Invesco KBW Bank ETF 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.