Bordeaux Wealth Advisors LLC Invests $232,000 in Invesco KBW Regional Banking ETF (NASDAQ:KBWR)

Bordeaux Wealth Advisors LLC purchased a new stake in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,235 shares of the company’s stock, valued at approximately $232,000. Bordeaux Wealth Advisors LLC owned approximately 0.35% of Invesco KBW Regional Banking ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of KBWR. BSW Wealth Partners acquired a new position in shares of Invesco KBW Regional Banking ETF during the 4th quarter worth approximately $235,000. Synergy Asset Management LLC bought a new position in Invesco KBW Regional Banking ETF during the 4th quarter worth $3,048,000. Private Trust Co. NA acquired a new position in Invesco KBW Regional Banking ETF in the 4th quarter valued at $46,000. Private Advisor Group LLC bought a new stake in shares of Invesco KBW Regional Banking ETF during the 3rd quarter valued at $819,000. Finally, Meritage Portfolio Management acquired a new stake in shares of Invesco KBW Regional Banking ETF during the 3rd quarter worth $376,000.

Invesco KBW Regional Banking ETF Price Performance

KBWR stock traded up $0.69 during midday trading on Friday, reaching $50.33. The company had a trading volume of 10,862 shares, compared to its average volume of 7,455. Invesco KBW Regional Banking ETF has a 1-year low of $37.49 and a 1-year high of $56.49. The stock has a 50 day moving average price of $49.06 and a 200-day moving average price of $49.26. The company has a market capitalization of $54.35 million, a price-to-earnings ratio of 9.66 and a beta of 1.05.

Invesco KBW Regional Banking ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.3993 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Monday, March 18th.

About Invesco KBW Regional Banking ETF

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.