Invesco KBW Regional Banking ETF (NASDAQ:KBWR) to Issue Dividend of $0.42

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) declared a dividend on Monday, September 18th, NASDAQ reports. Shareholders of record on Tuesday, September 19th will be given a dividend of 0.4167 per share on Friday, September 22nd. The ex-dividend date is Monday, September 18th.

Invesco KBW Regional Banking ETF Stock Performance

Invesco KBW Regional Banking ETF stock opened at $44.77 on Tuesday. The firm has a market capitalization of $58.20 million, a price-to-earnings ratio of 10.36 and a beta of 1.05. Invesco KBW Regional Banking ETF has a fifty-two week low of $37.49 and a fifty-two week high of $63.62. The stock’s fifty day moving average is $47.81 and its two-hundred day moving average is $44.60.

Institutional Trading of Invesco KBW Regional Banking ETF

Several large investors have recently bought and sold shares of KBWR. Captrust Financial Advisors acquired a new stake in Invesco KBW Regional Banking ETF in the first quarter valued at $26,000. Royal Bank of Canada grew its holdings in Invesco KBW Regional Banking ETF by 94.5% in the second quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock valued at $128,000 after purchasing an additional 1,435 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in Invesco KBW Regional Banking ETF in the fourth quarter valued at $217,000. Cerity Partners LLC acquired a new stake in Invesco KBW Regional Banking ETF in the fourth quarter valued at $217,000. Finally, Goldman Sachs Group Inc. grew its holdings in Invesco KBW Regional Banking ETF by 18.5% in the second quarter. Goldman Sachs Group Inc. now owns 5,695 shares of the company’s stock valued at $247,000 after purchasing an additional 890 shares during the last quarter.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.