Accredited Investors Inc. Has $14.51 Million Holdings in Invesco KBW Bank ETF (KBWB)

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Accredited Investors Inc. decreased its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 2.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 300,981 shares of the company’s stock after selling 7,069 shares during the period. Invesco KBW Bank ETF makes up about 2.9% of Accredited Investors Inc.’s investment portfolio, making the stock its 11th largest position. Accredited Investors Inc. owned 2.57% of Invesco KBW Bank ETF worth $14,507,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of Invesco KBW Bank ETF by 2.6% during the third quarter. Wells Fargo & Company MN now owns 72,042 shares of the company’s stock valued at $3,895,000 after acquiring an additional 1,809 shares in the last quarter. Credit Suisse AG lifted its holdings in Invesco KBW Bank ETF by 67.4% in the 3rd quarter. Credit Suisse AG now owns 78,970 shares of the company’s stock valued at $4,269,000 after purchasing an additional 31,786 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Invesco KBW Bank ETF by 14.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 831,369 shares of the company’s stock valued at $44,952,000 after purchasing an additional 105,730 shares in the last quarter. First Republic Investment Management Inc. purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter worth $200,000. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Invesco KBW Bank ETF by 94.5% during the 3rd quarter. Koshinski Asset Management Inc. now owns 28,691 shares of the company’s stock worth $1,551,000 after acquiring an additional 13,939 shares during the period.

Shares of KBWB traded down $0.13 during midday trading on Wednesday, hitting $51.43. The company had a trading volume of 1,989 shares, compared to its average volume of 436,334. Invesco KBW Bank ETF has a 1 year low of $41.02 and a 1 year high of $57.92.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Tuesday, March 19th were paid a $0.257 dividend. This represents a $1.03 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Monday, March 18th.

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Institutional Ownership by Quarter for Invesco KBW Bank ETF (NASDAQ:KBWB)

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