Accredited Investors Inc. lowered its stake in shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Free Report) by 18.0% in the second quarter, HoldingsChannel reports. The firm owned 9,734 shares of the company’s stock after selling 2,138 shares during the quarter. Accredited Investors Inc.’s holdings in Invesco KBW Regional Banking ETF were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Private Advisor Group LLC boosted its position in Invesco KBW Regional Banking ETF by 130.6% during the 4th quarter. Private Advisor Group LLC now owns 43,118 shares of the company’s stock valued at $2,357,000 after purchasing an additional 24,421 shares during the period.
Invesco KBW Regional Banking ETF Price Performance
NASDAQ:KBWR traded up $0.54 during midday trading on Monday, reaching $55.70. 1,624 shares of the company traded hands, compared to its average volume of 6,474. Invesco KBW Regional Banking ETF has a twelve month low of $39.90 and a twelve month high of $59.92. The company has a fifty day moving average price of $52.02 and a 200 day moving average price of $50.23. The firm has a market capitalization of $55.70 million, a price-to-earnings ratio of 9.98 and a beta of 1.05.
Invesco KBW Regional Banking ETF Increases Dividend
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.
Further Reading
- Five stocks we like better than Invesco KBW Regional Banking ETF
- What Makes a Stock a Good Dividend Stock?
- Moderna Dips on Q2 Earnings But Can It Rip on a Short Squeeze?
- Buy P&G Now, Before It Sets A New All-Time High
- 2 Option Strategies to Maximize Profits in a Bear Market
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Lululemon Stock Gears Up for a Massive Comeback Rally
Want to see what other hedge funds are holding KBWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Free Report).
Receive News & Ratings for Invesco KBW Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.