Simplex Trading LLC Boosts Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

Simplex Trading LLC increased its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 15,427.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,590 shares of the company’s stock after acquiring an additional 5,554 shares during the period. Simplex Trading LLC’s holdings in Invesco KBW Bank ETF were worth $365,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco KBW Bank ETF by 961.2% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock valued at $192,782,000 after buying an additional 2,672,000 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Invesco KBW Bank ETF by 10.4% during the 4th quarter. Fisher Asset Management LLC now owns 2,792,499 shares of the company’s stock valued at $182,490,000 after buying an additional 262,848 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in Invesco KBW Bank ETF by 1,780,000.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock valued at $174,494,000 after acquiring an additional 2,670,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Invesco KBW Bank ETF by 129,166.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after acquiring an additional 620,000 shares in the last quarter. Finally, Horizon Investments LLC acquired a new position in Invesco KBW Bank ETF during the fourth quarter worth $25,599,000.

Invesco KBW Bank ETF Stock Up 1.7 %

KBWB stock opened at $63.45 on Thursday. The stock has a market capitalization of $3.79 billion, a P/E ratio of 13.06 and a beta of 1.19. Invesco KBW Bank ETF has a 52 week low of $49.32 and a 52 week high of $72.39. The firm has a 50-day simple moving average of $67.13 and a 200-day simple moving average of $65.71.

Invesco KBW Bank ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.4118 per share. The ex-dividend date was Monday, March 24th. This is a boost from Invesco KBW Bank ETF’s previous dividend of $0.36.

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.