Fisher Asset Management LLC Purchases 262,848 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Fisher Asset Management LLC increased its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,792,499 shares of the company’s stock after buying an additional 262,848 shares during the quarter. Fisher Asset Management LLC owned 5.81% of Invesco KBW Bank ETF worth $182,490,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Invesco KBW Bank ETF by 1,780,000.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock valued at $174,494,000 after buying an additional 2,670,000 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Invesco KBW Bank ETF by 129,166.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after acquiring an additional 620,000 shares during the last quarter. Fiduciary Trust Co bought a new position in Invesco KBW Bank ETF in the 3rd quarter worth about $27,113,000. Wharton Business Group LLC increased its position in shares of Invesco KBW Bank ETF by 27.4% during the 3rd quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock valued at $116,489,000 after purchasing an additional 427,872 shares during the last quarter. Finally, Summit Trail Advisors LLC bought a new position in shares of Invesco KBW Bank ETF during the 4th quarter valued at about $20,039,000.

Invesco KBW Bank ETF Price Performance

KBWB opened at $69.60 on Friday. The stock’s 50 day simple moving average is $68.82 and its 200 day simple moving average is $64.80. Invesco KBW Bank ETF has a 1 year low of $49.05 and a 1 year high of $72.39. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

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

Invesco KBW Bank ETF Company 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.