Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Shares Down 0.2% – What’s Next?

Shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR) traded down 0.2% during mid-day trading on Tuesday . The company traded as low as $56.15 and last traded at $56.53. 2,190 shares changed hands during trading, a decline of 52% from the average session volume of 4,534 shares. The stock had previously closed at $56.63.

Invesco KBW Regional Banking ETF Trading Down 0.9 %

The stock has a 50 day moving average of $60.58 and a 200-day moving average of $60.39. The stock has a market capitalization of $51.50 million, a P/E ratio of 14.01 and a beta of 1.05.

Invesco KBW Regional Banking ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.4104 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco KBW Regional Banking ETF

A number of hedge funds have recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in shares of Invesco KBW Regional Banking ETF by 41.0% during the fourth quarter. Bank of America Corp DE now owns 37,558 shares of the company’s stock valued at $2,246,000 after acquiring an additional 10,914 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Invesco KBW Regional Banking ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 19,706 shares of the company’s stock valued at $1,178,000 after purchasing an additional 366 shares during the last quarter. Meritage Portfolio Management grew its position in Invesco KBW Regional Banking ETF by 12.3% in the fourth quarter. Meritage Portfolio Management now owns 10,170 shares of the company’s stock worth $608,000 after acquiring an additional 1,115 shares during the period. Two Sigma Securities LLC purchased a new position in Invesco KBW Regional Banking ETF in the fourth quarter worth approximately $222,000. Finally, TruNorth Capital Management LLC purchased a new position in Invesco KBW Regional Banking ETF in the fourth quarter worth approximately $143,000.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.