Invesco KBW Bank ETF (NASDAQ:KBWB – Get Rating)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $44.40 and last traded at $44.40, with a volume of 42371 shares traded. The stock had previously closed at $47.55.
Invesco KBW Bank ETF Stock Up 3.1 %
The stock has a 50-day moving average price of $55.32 and a 200 day moving average price of $53.65. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 8.67 and a beta of 1.21.
Invesco KBW Bank ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 23rd. Shareholders of record on Tuesday, December 20th were issued a dividend of $0.407 per share. This represents a $1.63 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Monday, December 19th. This is a boost from Invesco KBW Bank ETF’s previous quarterly dividend of $0.38.
Institutional Investors Weigh In On Invesco KBW Bank ETF
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.
- Get a free copy of the StockNews.com research report on Invesco KBW Bank ETF (KBWB)
- Monoclonal Antibodies? Avid Bioservices surges 32% on Blowout Q3
- GitLab Crashes On Guidance; Analysts Defend
- Healthcare Stocks With at Least 30 Years of Dividend Increases
- Coinbase Pops As SVB Crumbles To Dust
- Airlines Update Guidance, Shares Head For Different Destinations
Receive News & Ratings for Invesco KBW Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.