Lmcg Investments LLC Purchases 45,797 Shares of Invesco KBW Premium Yield Equity REIT ETF $KBWY

Lmcg Investments LLC grew its position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 61.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 120,508 shares of the company’s stock after purchasing an additional 45,797 shares during the period. Lmcg Investments LLC’s holdings in Invesco KBW Premium Yield Equity REIT ETF were worth $1,841,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comerica Bank grew its position in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock worth $87,000 after purchasing an additional 974 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% during the 1st quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock worth $851,000 after buying an additional 47,545 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter worth approximately $321,000. Jane Street Group LLC purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth approximately $498,000. Finally, Bank of America Corp DE boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 17.2% in the 2nd quarter. Bank of America Corp DE now owns 73,833 shares of the company’s stock worth $1,161,000 after buying an additional 10,855 shares during the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 1.4%

KBWY stock opened at $18.38 on Thursday. The firm has a market cap of $307.50 million, a PE ratio of 22.41 and a beta of 1.00. The business has a 50 day moving average of $17.74 and a 200-day moving average of $16.60. Invesco KBW Premium Yield Equity REIT ETF has a 12-month low of $14.81 and a 12-month high of $18.97.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 7.8%.

Invesco KBW Premium Yield Equity REIT ETF Profile

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.