2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. raised its position in Invesco KBW Bank ETF ( NASDAQ:KBWB – Free Report ) by 908.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The firm owned 138,908 shares of the company’s stock after acquiring an additional 125,133 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco KBW Bank ETF were worth $7,432,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Fifth Third Securities Inc. increased its position in shares of Invesco KBW Bank ETF by 4.
7% in the second quarter. Fifth Third Securities Inc. now owns 4,214 shares of the company’s stock valued at $225,000 after acquiring an additional 191 shares during the period.
Trust Co. of Vermont increased its position in shares of Invesco KBW Bank ETF by 105.3% during the fourth quarter.
Trust Co. of Vermont now owns 616 shares of the company’s stock valued at $30,000 after buying an additional 316 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Invesco KBW Bank ETF by 3.
9% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,168 shares of the company’s stock valued at $500,000 after buying an additional 379 shares during the period. PNC Financial Services Group Inc.
purchased a new position in shares of Invesco KBW Bank ETF during the fourth quarter valued at about $37,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Invesco KBW Bank ETF during the second quarter valued at about $43,000. Invesco KBW Bank ETF Price Performance Shares of NASDAQ KBWB opened at $58.
25 on Friday. Invesco KBW Bank ETF has a 1 year low of $36.51 and a 1 year high of $59.
68. The company’s 50-day moving average is $57.28 and its 200 day moving average is $54.
55. The stock has a market capitalization of $1.69 billion, a P/E ratio of 10.
69 and a beta of 1.19. Invesco KBW Bank ETF Increases Dividend About Invesco KBW Bank ETF ( Free Report ) 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. Read More Want to see what other hedge funds are holding KBWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco KBW Bank ETF ( NASDAQ:KBWB – Free Report ).
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