Harvest Fund Management Co. Ltd Has $207,000 Stock Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Harvest Fund Management Co. Ltd decreased its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 37.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,211 shares of the company’s stock after selling 2,535 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Invesco KBW Bank ETF were worth $207,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in KBWB. WP Advisors LLC raised its holdings in shares of Invesco KBW Bank ETF by 3.4% in the fourth quarter. WP Advisors LLC now owns 477,199 shares of the company’s stock valued at $23,473,000 after purchasing an additional 15,592 shares during the last quarter. RFG Holdings Inc. increased its stake in Invesco KBW Bank ETF by 13.5% in the 4th quarter. RFG Holdings Inc. now owns 107,621 shares of the company’s stock valued at $5,295,000 after buying an additional 12,813 shares during the last quarter. Capital Analysts LLC lifted its position in Invesco KBW Bank ETF by 6,779.5% during the 4th quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock worth $132,000 after buying an additional 2,644 shares in the last quarter. Koshinski Asset Management Inc. boosted its stake in shares of Invesco KBW Bank ETF by 77.1% during the 4th quarter. Koshinski Asset Management Inc. now owns 17,872 shares of the company’s stock worth $879,000 after buying an additional 7,783 shares during the last quarter. Finally, Sapient Capital LLC bought a new position in shares of Invesco KBW Bank ETF in the 4th quarter valued at about $629,000.

Invesco KBW Bank ETF Stock Up 0.4 %

NASDAQ:KBWB opened at $53.06 on Thursday. Invesco KBW Bank ETF has a twelve month low of $36.19 and a twelve month high of $53.79. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 10.44 and a beta of 1.19. The stock’s 50 day moving average price is $51.06 and its two-hundred day moving average price is $47.01.

Invesco KBW Bank ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.4265 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.71 dividend on an annualized basis and a yield of 3.22%.

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.