Clal Insurance Enterprises Holdings Ltd Boosts Position in Invesco KBW Bank ETF (NASDAQ:KBWB)

Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 961.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,950,000 shares of the company’s stock after buying an additional 2,672,000 shares during the period. Invesco KBW Bank ETF accounts for about 1.7% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 18th largest position. Clal Insurance Enterprises Holdings Ltd owned 6.14% of Invesco KBW Bank ETF worth $192,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Private Trust Co. NA increased its position in Invesco KBW Bank ETF by 88.7% during the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after purchasing an additional 266 shares during the period. FMR LLC increased its position in Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after purchasing an additional 515 shares during the period. Financial Advocates Investment Management purchased a new position in Invesco KBW Bank ETF during the 4th quarter valued at about $2,143,000. Flow Traders U.S. LLC increased its position in 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 valued at $454,000 after purchasing an additional 2,391 shares during the period. Finally, HM Payson & Co. purchased a new position in Invesco KBW Bank ETF during the 3rd quarter valued at about $68,000.

Invesco KBW Bank ETF Stock Performance

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

Invesco KBW Bank ETF Dividend Announcement

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