Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 46,357 shares, a decrease of 34.4% from the April 15th total of 70,714 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 103,006 shares, the short-interest ratio is presently 0.5 days.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

KBWY traded up $0.08 on Monday, hitting $16.91. The company had a trading volume of 34,893 shares, compared to its average volume of 137,166. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $14.81 and a 52-week high of $17.39. The firm has a market capitalization of $279.35 million, a P/E ratio of 22.41 and a beta of 1.01. The stock has a fifty day simple moving average of $16.17 and a 200-day simple moving average of $15.91.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were given a dividend of $0.125 per share. This represents a c) annualized dividend and a dividend yield of 8.9%. This is an increase from Invesco KBW Premium Yield Equity REIT ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, April 20th.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Several large investors have recently modified their holdings of KBWY. Cetera Investment Advisers increased its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% in the fourth quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after purchasing an additional 82,296 shares in the last quarter. Lmcg Investments LLC increased its stake in Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after acquiring an additional 45,797 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter worth $78,000. Marshall Wace LLP bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at approximately $556,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter worth about $91,000.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.