Sanctuary Advisors LLC Decreases Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Sanctuary Advisors LLC lowered its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 5.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 9,839 shares of the company’s stock after selling 558 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco KBW Bank ETF were worth $577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Private Trust Co. NA lifted its position in Invesco KBW Bank ETF by 88.7% in the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Invesco KBW Bank ETF during the third quarter worth about $29,000. FMR LLC lifted its holdings in shares of Invesco KBW Bank ETF by 32.3% in the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after purchasing an additional 515 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco KBW Bank ETF in the 2nd quarter valued at about $43,000. Finally, Addison Advisors LLC grew its stake in Invesco KBW Bank ETF by 3.6% during the 3rd quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock worth $1,652,000 after buying an additional 972 shares during the last quarter.

Invesco KBW Bank ETF Trading Up 1.3 %

Shares of NASDAQ KBWB opened at $66.18 on Thursday. The stock has a market cap of $2.02 billion, a P/E ratio of 10.69 and a beta of 1.19. Invesco KBW Bank ETF has a twelve month low of $46.53 and a twelve month high of $71.78. The stock has a 50 day moving average of $66.82 and a two-hundred day moving average of $60.11.

Invesco KBW Bank ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be given a $0.3601 dividend. The ex-dividend date is 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.