Silvercrest Asset Management Group LLC Sells 23,541 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

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Silvercrest Asset Management Group LLC lessened its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 13.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 152,551 shares of the company’s stock after selling 23,541 shares during the quarter. Silvercrest Asset Management Group LLC owned about 1.48% of Invesco KBW Bank ETF worth $7,697,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Wharton Business Group LLC boosted its position in shares of Invesco KBW Bank ETF by 5.9% during the 2nd quarter. Wharton Business Group LLC now owns 1,400,874 shares of the company’s stock valued at $70,688,000 after acquiring an additional 78,455 shares during the last quarter. Miller Investment Management LP bought a new stake in Invesco KBW Bank ETF in the 2nd quarter worth approximately $17,060,000. Nottingham Advisors Inc. lifted its position in Invesco KBW Bank ETF by 11.1% in the 2nd quarter. Nottingham Advisors Inc. now owns 171,145 shares of the company’s stock worth $8,636,000 after buying an additional 17,080 shares during the last quarter. Sigma Planning Corp lifted its position in Invesco KBW Bank ETF by 128.4% in the 2nd quarter. Sigma Planning Corp now owns 13,990 shares of the company’s stock worth $706,000 after buying an additional 7,865 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Invesco KBW Bank ETF in the 2nd quarter worth approximately $661,000.

NASDAQ:KBWB traded down $0.18 during mid-day trading on Thursday, reaching $52.48. The stock had a trading volume of 18,906 shares, compared to its average volume of 514,764. The firm has a 50 day moving average price of $49.01 and a two-hundred day moving average price of $50.09. Invesco KBW Bank ETF has a one year low of $41.02 and a one year high of $57.46.

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Institutional Ownership by Quarter for Invesco KBW Bank ETF (NASDAQ:KBWB)

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