Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Shares Up 0% – Still a Buy?

Invesco KBW Regional Banking ETF (NASDAQ:KBWR)’s share price traded up 0% during trading on Tuesday . The stock traded as high as $70.3575 and last traded at $70.3257. 517 shares traded hands during trading, a decline of 91% from the average session volume of 5,830 shares. The stock had previously closed at $70.2966.

Invesco KBW Regional Banking ETF Price Performance

The company has a 50 day moving average price of $69.89 and a 200 day moving average price of $66.82. The firm has a market cap of $54.15 million, a PE ratio of 13.81 and a beta of 0.87.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

Several large investors have recently modified their holdings of the stock. Nwam LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter worth approximately $416,000. Corient Private Wealth LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter worth approximately $389,000. Jane Street Group LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the first quarter worth approximately $302,000. Osaic Holdings Inc. raised its stake in shares of Invesco KBW Regional Banking ETF by 10.5% during the fourth quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock worth $265,000 after purchasing an additional 407 shares during the last quarter. Finally, SOL Capital Management CO purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter worth approximately $203,000.

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.