Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Acquired by Magnus Financial Group LLC

Posted by Joseph McCarthy on Jan 23rd, 2025

Magnus Financial Group LLC raised its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 22.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,041 shares of the company’s stock after purchasing an additional 2,749 shares during the quarter. Magnus Financial Group LLC’s holdings in Invesco KBW Bank ETF were worth $983,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KBWB. Private Trust Co. NA grew its position in shares of Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after acquiring an additional 266 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Invesco KBW Bank ETF in the third quarter worth $29,000. FMR LLC boosted its holdings in Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after purchasing an additional 515 shares during the period. Addison Advisors LLC raised its holdings in shares of Invesco KBW Bank ETF by 3.6% during the third quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock worth $1,652,000 after purchasing an additional 972 shares during the period. Finally, HM Payson & Co. acquired a new stake in shares of Invesco KBW Bank ETF during the third quarter worth $68,000.

Invesco KBW Bank ETF Stock Performance

NASDAQ KBWB opened at $69.91 on Thursday. Invesco KBW Bank ETF has a one year low of $46.87 and a one year high of $71.78. The company has a 50-day simple moving average of $67.93 and a 200-day simple moving average of $62.08. The firm has a market capitalization of $3.05 billion, a PE ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

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

About Invesco KBW Bank ETF

(Free Report)

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.