Temasek Holdings Private Ltd Boosts Stock Position in Invesco KBW Bank ETF $KBWB

Temasek Holdings Private Ltd increased its stake in Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 86.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,989,001 shares of the company’s stock after buying an additional 920,001 shares during the period. Temasek Holdings Private Ltd’s holdings in Invesco KBW Bank ETF were worth $167,653,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in KBWB. JPMorgan Chase & Co. grew its stake in shares of Invesco KBW Bank ETF by 47.5% in the 4th quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock worth $772,603,000 after buying an additional 2,950,181 shares during the last quarter. Two Sigma Investments LP grew its stake in shares of Invesco KBW Bank ETF by 2,620.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after buying an additional 1,168,848 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of Invesco KBW Bank ETF in the 4th quarter worth approximately $72,072,000. Fisher Asset Management LLC grew its stake in shares of Invesco KBW Bank ETF by 9.3% in the 4th quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock worth $300,765,000 after buying an additional 303,052 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco KBW Bank ETF by 2,254.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 313,609 shares of the company’s stock worth $26,434,000 after buying an additional 300,290 shares during the last quarter.

Invesco KBW Bank ETF Stock Down 0.6%

Invesco KBW Bank ETF stock opened at $92.07 on Tuesday. The company has a market capitalization of $5.81 billion, a P/E ratio of 13.35 and a beta of 1.02. The stock’s 50 day moving average is $86.41 and its 200 day moving average is $84.54. Invesco KBW Bank ETF has a twelve month low of $65.77 and a twelve month high of $94.05.

Invesco KBW Bank ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.4898 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, March 23rd. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44.

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.

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