KBWR - Invesco KBW Regional Banking ETF
| Assets | $88.58M |
| NAV | $61.94 |
| Expense Ratio | 0.35% |
| PE Ratio | 25.09 |
| Beta (5Y) | 1.37 |
| Dividend (ttm) | $1.35 |
| Dividend Yield | 2.17% |
| Ex-Dividend Date | Mar 22, 2021 |
| 1-Year Return | - |
| Trading Day | April 14 |
| Last Price | $61.55 |
| Previous Close | $60.67 |
| Change ($) | 0.88 |
| Change (%) | 1.45% |
| Day's Open | 60.51 |
| Day's Range | 60.51 - 61.55 |
| Day's Volume | 808 |
| 52-Week Range | 27.73 - 67.28 |
Fund Description
The investment seeks to track the investment results (before fees and expenses) of the KBW Nasdaq Regional Banking Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a modified-market capitalization-weighted index comprised of companies primarily engaged in U.S. regional banking activities, as determined by the index provider. The underlying index is designed to track the performance of U.S. regional banking and thrift companies that are publicly-traded in the U.S.
| Asset Class Portfolio-Multi Asset | Sector Financial Services |
| Region North America | Inception Date Nov 1, 2011 |
| Exchange NASDAQ | Ticker Symbol KBWR |
| Index Tracked KBW Nasdaq Regional Banking Index | |
Top 10 Holdings
28.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Commerce Bancshares | CBSH | 3.95% |
| East West Bancorp | EWBC | 3.95% |
| Western Alliance Bancorporation | WAL | 3.82% |
| Prosperity Bancshares | PB | 3.32% |
| Cullen/Frost Bankers | CFR | 3.31% |
| Valley National Bancorp | VLY | 2.13% |
| Hancock Whitney | HWC | 2.11% |
| Pinnacle Financial Partners | PNFP | 2.11% |
| Home Bancshares | HOMB | 2.10% |
| Investors Bancorp | ISBC | 2.09% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2021 | $0.30083 | Mar 31, 2021 |
| Dec 21, 2020 | $0.356 | Dec 31, 2020 |
| Sep 21, 2020 | $0.329 | Sep 30, 2020 |
| Jun 22, 2020 | $0.361 | Jun 30, 2020 |
| Mar 23, 2020 | $0.3375 | Mar 31, 2020 |
| Dec 23, 2019 | $0.4231 | Dec 31, 2019 |
Despite the slide, the outlook for the banking industry looks promising given surging yields and an improving economy.
Financial sector-related exchange traded funds plunged after a fire sale of stocks from a U.S. hedge fund dragged on Credit Suisse Group AG and Nomura Holdings Inc., fueling speculation of a wider fallo...
Steepening yield curve, undervaluation, decent earnings growth potential and Fed's decision to okay shareholder value maximization if stress test is cleared are some of the factors that make bank ETFs w...
As banks free up their cash hoards accumulated during the coronavirus pandemic, financial sector-related ETFs could benefit from the increased loan activity. In the months ahead, banks are expected to l...
The recent spike in Treasury yields gave regional banking assets like the Invesco KBW Regional Banking ETF (KBWR) a big boost. Many market observers believe this corner of the banking sector is primed f...
Up 27% for the year, the Invesco KBW Regional Banking ETF (KBWR), which gives investors a tactical tilt to the hot sector, is riding a strong wave of momentum as yields begin to rise. KBWR seeks to trac...
The Russell 2000 Index is up 5.9%, outperforming the gains of 4.8% for the S&P 400 Mid Cap Index and 1.8% for the S&P 500 Index.
The fourth quarter of 2020 has been an eventful with vaccine rollouts and Joe Biden's election win.
While the rally has been broad-based across all the market caps, small-caps stocks, as indicated by the Russell 2000 Index, has been outperforming and is hitting new all-time highs.
Promising vaccine results from Pfizer sent economically sensitive stocks soaring
Wall Street soared on Nov 9 on news that Pfizer (PFE) and BioNTech (BNTX) vaccine candidate was more than 90% effective in avoiding COVID-19 in its clinical trial.
With Treasury yields rising as of late, it has banking ETF investors salivating. While big banks are certainly to benefit, surging bank ETFs can also help funds that focus on smaller banks like the regi...
The banking corner of the broader financial sector is back on track this month owing to the steepening of the yield curve. Will the strong trend continue?
We have highlighted ETFs from the best and worst zones to start the third quarter.
Banks and sector-related ETFs were leading the markets Wednesday as investors looked for cheap segments of the market and rotated toward more economically sensitive areas. Among the best performing non-...
Bargain hunters who are looking for some of the worst-hit areas of the market may consider bank and consumer discretionary sector-related exchange traded funds to capture the bounce back.
The Federal Reserve could make major changes to bank rules and alleviate some of the pressure on the financial sector and related ETFs.
Small-cap stocks have been leading the way higher with the Russell 2000 index on track for its best performance in the week.
Though the latest steepening of the yield curve benefited bank ETFs on Sep 9, chances of volatility in the longer-term period may keep gains in bank ETFs at check.
This banking ETF hit a new 52-week high. Are more gains in store for this ETF?
At the start of every earnings season, the investing community gets to see how the strength of the banking industry has been since the prior reports.