Rockefeller Capital Management L.P. Has $3.43 Million Stock Position in Invesco KBW Bank ETF $KBWB

Rockefeller Capital Management L.P. boosted its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 72.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,652 shares of the company’s stock after buying an additional 17,078 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.06% of Invesco KBW Bank ETF worth $3,427,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. IFP Advisors Inc acquired a new position in Invesco KBW Bank ETF during the 4th quarter valued at $35,000. Allworth Financial LP grew its position in Invesco KBW Bank ETF by 31.5% in the 4th quarter. Allworth Financial LP now owns 522 shares of the company’s stock worth $44,000 after purchasing an additional 125 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Invesco KBW Bank ETF by 970.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock worth $45,000 after purchasing an additional 485 shares during the period. Bayban bought a new position in shares of Invesco KBW Bank ETF during the 4th quarter worth about $55,000. Finally, High Point Wealth Management LLC acquired a new position in shares of Invesco KBW Bank ETF during the fourth quarter valued at about $57,000.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB opened at $93.46 on Monday. The company has a 50-day simple moving average of $88.15 and a 200-day simple moving average of $85.38. Invesco KBW Bank ETF has a 52 week low of $70.67 and a 52 week high of $96.15. The firm has a market capitalization of $5.90 billion, a P/E ratio of 13.35 and a beta of 1.02.

Invesco KBW Bank ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.4729 dividend. 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.