Congress Wealth Management LLC DE Sells 13,598 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Congress Wealth Management LLC DE trimmed its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 1.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 976,015 shares of the company’s stock after selling 13,598 shares during the period. Invesco KBW Bank ETF accounts for approximately 0.9% of Congress Wealth Management LLC DE’s holdings, making the stock its 18th largest holding. Congress Wealth Management LLC DE owned approximately 2.02% of Invesco KBW Bank ETF worth $63,783,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of KBWB. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Invesco KBW Bank ETF by 961.2% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after purchasing an additional 2,672,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in 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 worth $174,494,000 after buying an additional 2,670,000 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Invesco KBW Bank ETF by 129,166.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after buying an additional 620,000 shares in the last quarter. Fiduciary Trust Co bought a new position in Invesco KBW Bank ETF in the 3rd quarter valued at $27,113,000. Finally, Horizon Investments LLC acquired a new stake in shares of Invesco KBW Bank ETF in the 4th quarter valued at $25,599,000.

Invesco KBW Bank ETF Stock Up 0.1 %

Shares of KBWB opened at $63.52 on Monday. The stock’s fifty day simple moving average is $67.98 and its 200-day simple moving average is $65.39. The firm has a market capitalization of $3.07 billion, a PE ratio of 12.76 and a beta of 1.19. Invesco KBW Bank ETF has a 12-month low of $49.32 and a 12-month high of $72.39.

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.