Petix & Botte Co Makes New Investment in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

Petix & Botte Co acquired a new position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,784 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. TAP Consulting LLC boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 1.7% in the third quarter. TAP Consulting LLC now owns 334,325 shares of the company’s stock worth $7,054,000 after purchasing an additional 5,633 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth $29,000. Lmcg Investments LLC boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 24.9% in the second quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock worth $349,000 after purchasing an additional 3,897 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the second quarter worth $2,334,000. Finally, Sandbox Financial Partners LLC acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the first quarter worth $192,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of KBWY stock traded up $0.04 on Friday, reaching $21.02. 46,440 shares of the stock were exchanged, compared to its average volume of 86,593. The stock has a market cap of $257.28 million, a PE ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a one year low of $15.93 and a one year high of $21.86. The stock has a 50 day moving average price of $20.62 and a 200 day moving average price of $18.94.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.42%.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.