One Capital Management LLC Acquires New Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

One Capital Management LLC acquired a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 57,579 shares of the company’s stock, valued at approximately $3,763,000. One Capital Management LLC owned approximately 0.12% of Invesco KBW Bank ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new stake in shares of Invesco KBW Bank ETF in the fourth quarter valued at approximately $458,000. Private Trust Co. NA grew its holdings in Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after buying an additional 266 shares in the last quarter. FMR LLC grew its holdings in Invesco KBW Bank ETF by 32.3% in the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after buying an additional 515 shares in the last quarter. Financial Advocates Investment Management acquired a new stake in shares of Invesco KBW Bank ETF in the 4th quarter worth $2,143,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of Invesco KBW Bank ETF by 44.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,748 shares of the company’s stock worth $454,000 after acquiring an additional 2,391 shares during the period.

Invesco KBW Bank ETF Trading Down 2.3 %

Shares of KBWB opened at $63.88 on Friday. Invesco KBW Bank ETF has a 12-month low of $49.32 and a 12-month high of $72.39. The firm has a market capitalization of $3.09 billion, a P/E ratio of 14.51 and a beta of 1.19. The firm has a 50-day moving average price of $68.80 and a 200 day moving average price of $65.00.

Invesco KBW Bank ETF Announces Dividend

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

About Invesco KBW Bank ETF

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.