Rockland Trust Co. Sells 589 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Rockland Trust Co. decreased its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 3.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,451 shares of the company’s stock after selling 589 shares during the quarter. Rockland Trust Co.’s holdings in Invesco KBW Bank ETF were worth $1,140,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in KBWB. Capital Performance Advisors LLP bought a new position in shares of Invesco KBW Bank ETF in the third quarter valued at approximately $29,000. Private Trust Co. NA raised its position in Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after buying an additional 266 shares during the last quarter. HM Payson & Co. bought a new position in Invesco KBW Bank ETF during the 3rd quarter valued at $68,000. FMR LLC boosted its holdings in Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after acquiring an additional 515 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Invesco KBW Bank ETF in the 3rd quarter worth $242,000.

Invesco KBW Bank ETF Price Performance

Shares of KBWB stock opened at $66.48 on Wednesday. The firm has a 50-day moving average of $67.81 and a 200-day moving average of $61.53. Invesco KBW Bank ETF has a one year low of $46.53 and a one year high of $71.78. The company has a market cap of $2.82 billion, a P/E ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3601 per share. The ex-dividend date was Monday, December 23rd.

Invesco KBW Bank ETF 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.