TAP Consulting LLC Lowers Holdings in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

TAP Consulting LLC reduced its stake in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 283,831 shares of the company’s stock after selling 4,893 shares during the period. Invesco KBW Premium Yield Equity REIT ETF makes up 1.4% of TAP Consulting LLC’s portfolio, making the stock its 18th biggest position. TAP Consulting LLC owned approximately 2.40% of Invesco KBW Premium Yield Equity REIT ETF worth $5,728,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth approximately $407,000. Clear Creek Financial Management LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth about $242,000. Tower Research Capital LLC TRC raised its position in Invesco KBW Premium Yield Equity REIT ETF by 57.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 26,247 shares of the company’s stock worth $458,000 after buying an additional 9,553 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 8.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 17,750 shares of the company’s stock valued at $310,000 after acquiring an additional 1,401 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 5.0% during the third quarter. Commonwealth Equity Services LLC now owns 19,459 shares of the company’s stock valued at $340,000 after purchasing an additional 929 shares during the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 0.8 %

KBWY traded down $0.14 during mid-day trading on Thursday, reaching $17.24. 91,246 shares of the company traded hands, compared to its average volume of 84,951. The stock has a market capitalization of $190.33 million, a P/E ratio of 16.66 and a beta of 1.33. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $15.93 and a 52-week high of $20.64. The company’s fifty day moving average price is $17.49 and its 200-day moving average price is $18.03.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of $0.1319 per share. The ex-dividend date is Monday, April 22nd. This represents a $1.58 dividend on an annualized basis and a dividend yield of 9.18%.

Invesco KBW Premium Yield Equity REIT ETF Company 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.