KBWB - Invesco KBW Bank ETF

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
35.77
-1.29 (-3.48%)
At close: 4:00PM EDT
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Previous Close37.06
Open36.95
Bid35.00 x 1200
Ask35.71 x 1000
Day's Range35.52 - 37.03
52 Week Range28.38 - 59.14
Volume2,638,579
Avg. Volume927,061
Net Assets522.49M
NAV37.07
PE Ratio (TTM)N/A
Yield3.96%
YTD Daily Total Return-35.06%
Beta (5Y Monthly)1.58
Expense Ratio (net)0.35%
Inception Date2011-11-01
  • MarketWatch

    Bank stocks jolt market higher Thursday morning after FDIC said to loosen crisis-era Volcker regulations: reports

    The stock market late-morning Thursday jumped into positive territory after a report indicated that officials from the Federal Deposit Insurance Commission would move to ease some regulations for the banking sector following a meeting. According to a Bloomberg report,cited by CNBC, the FDIC and another regulator, the Office of the Comptroller of the Currency, will soon vote on rolling back rules that prohibit banks from using their balance sheets to invest in companies and other assets, the regulators may also loosen rules pertaining to the amount of cash and cash equivalents the financial institutions would be required to set aside for reserves. The rules are related to regulations that were implemented in the aftermath of the 2008-09 financial crisis, known as the Volcker Rule, named after former Federal Reserve Chairman Paul Volcker. Shares of banks briefly burst higher on Thursday. The exchange-traded fund Financial Select Sector SPDR ETF which tracks the S&P 500's financial sector, was trading 1.5% higher, as was the SPDR S&P Bank ETF and the Invesco KBW Bank ETF . The S&P 500 index was off less than 0.1%, at last check, while the Dow Jones Industrial Average was trading little changed at 25,442 and the Nasdaq Composite Index was about 0.1% higher at 9,913. The broader market had started trade lower amid signs of rising coronavirus cases. The reports for banks also come ahead of a stress test of the financial sector, with the results expected to be released at 4:30 p.m. Eastern Time Thursday.

  • Bank stocks plunge — it may be an overreaction, longtime analyst says
    MarketWatch

    Bank stocks plunge — it may be an overreaction, longtime analyst says

    Banks have increased profits during periods of low interest rates, says Odeon Capital Group’s Richard Bove.

  • MarketWatch

    Financial ETFs touch a two-week high as yield curve steepens

    Financial-sector exchange-traded funds pushed higher Friday as bond yields rose after a blowout May jobs report nudged investors into riskier assets. The Financial Select Sector SPDR Fund was 4.7% higher at midday, while the Invesco KBW Bank ETF was nearly 6% higher. Bond yields move in the opposite direction of prices. The gap between 2-year Treasury notes and those maturing in 10 years touched its widest in about two years, bolstering the business case for banks.

  • MarketWatch

    Bank ETFs move higher as yield curve steepens on re-opening optimism

    Exchange-traded funds that track financial sector stocks outperformed Monday as interest rates shifted to the benefit of banks and other lenders. The Financial Select Sector SPDR Fund was 1.3% higher midday, and the SPDR S&P Regional Banking ETF was 1.7% higher. The Invesco KBW Bank ETF popped 2.3%. Although interest rates remain low across the board, the difference between 5-year bonds and those with 30-year maturities has recently widened to the biggest differential since May 2017, according to a MarketWatch analysis, a condition that's more favorable for banks that make loans and pay interest on deposits. That so-called steepening of the yield curve comes as a report on manufacturing suggested the U.S. economy may have begun to recover from a steep decline during the spring due to coronavirus lockdowns.

  • Financial ETFs Face Earnings & The Virus
    ETF.com

    Financial ETFs Face Earnings & The Virus

    Many of the U.S.' biggest banks report earnings this week. Which financials ETFs will see the biggest impact?

  • Federal Reserve coronavirus response pounds these stocks and raises recession signal
    Yahoo Finance

    Federal Reserve coronavirus response pounds these stocks and raises recession signal

    Goldman Sachs suggests these stocks are flashing recessionary indicators as fears run rampant over the coronavirus.

  • Banking Earnings Mixed, ETFs Gain Moderately
    Zacks

    Banking Earnings Mixed, ETFs Gain Moderately

    Inside the fourth-quarter bank earnings releases and its impact on the financial ETFs.

  • 10 ETFs for 2020
    Zacks

    10 ETFs for 2020

    Here are some interesting ETF picks for the year.

  • Should You Bet on Bank ETFs Before Earnings Release?
    Zacks

    Should You Bet on Bank ETFs Before Earnings Release?

    Chances of a broad-based earnings beat are moderate Banks. Should you tap these ETFs ahead of the slew of earnings releases?

  • Bank ETFs to Ride High on the Holiday Shopping Spree
    Zacks

    Bank ETFs to Ride High on the Holiday Shopping Spree

    Let's take a look at a few bank ETFs that can gain traction from the sales upsurge in the holiday season.

  • Why Bank ETFs Are Rising
    Zacks

    Why Bank ETFs Are Rising

    The banking corner of the broader financial segment has been on a roll buoyed by stronger-than-expected earnings, bargain hunting and the steepening of the yield curve.

  • Follow Morgan Stanley to Trade 2020 Election With ETFs
    Zacks

    Follow Morgan Stanley to Trade 2020 Election With ETFs

    Morgan Stanley outlined four outcomes of the 2020 election and its strategies for investors on how to make the most of them.

  • Why Financials ETFs Are On Fire
    Zacks

    Why Financials ETFs Are On Fire

    Financials ETFs have been rising of late. Find out why.

  • 3 Reasons to Bet on Bank ETFs Now
    Zacks

    3 Reasons to Bet on Bank ETFs Now

    The banking sector boasts a favorable operating backdrop, decent earnings and a value focus. Investors can bet on top-ranked financial ETFs to tap the trend.

  • Why Goldman Says Go 'Overweight' U.S. With Stocks at Record Levels
    Investopedia

    Why Goldman Says Go 'Overweight' U.S. With Stocks at Record Levels

    Stampeding bull: While U.S. stocks are expensive, they are crushing global rivals and Goldman prefers them to overseas equities based on economic growth.

  • Financial ETFs Gain Despite Mixed Earnings
    Zacks

    Financial ETFs Gain Despite Mixed Earnings

    Steepening yield curve boosted financial ETFs in October despite mixed earnings.

  • ETF Trends

    Financial Sector, Bank ETFs Could Find Support from Regulatory Relief

    The Federal Reserve could make major changes to bank rules and alleviate some of the pressure on the financial sector and related ETFs. The Fed said it would vote October 10 on a measure to ease liquidity ...

  • Top ETF Stories of September
    Zacks

    Top ETF Stories of September

    Inside the key ETF events for the month of September.

  • ETFs That Gained as Yield Curve Steepens in September
    Zacks

    ETFs That Gained as Yield Curve Steepens in September

    Yield curve steepened in the month of September and benefited these ETFs.

  • Best Sector ETFs of September
    Zacks

    Best Sector ETFs of September

    A few sector ETFs have outperformed the market. We have highlighted five such ETFs that have raked in substantial gains in September and could be better plays if the trend prevails.

  • What to Expect From Wells Fargo Earnings
    Investopedia

    What to Expect From Wells Fargo Earnings

    Analysts expect the bank to report anemic 3Q profit growth on falling revenue despite massive cost cuts.

  • 5 ETF Zones to Watch Ahead of Fed Meeting
    Zacks

    5 ETF Zones to Watch Ahead of Fed Meeting

    Several ETF zones are in focus and could see outsized volume depending on the Fed decision.

  • Bank ETFs Benefit From Steepening Yield Curve, But How Long?
    Zacks

    Bank ETFs Benefit From Steepening Yield Curve, But How Long?

    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.

  • ETF Trends

    Bank ETFs Break Out on Rising Treasury Yields

    Bank sector-related ETFs found strength Monday as government bonds pulled back and yields climbed on easing investor fears surrounding a U.S.-China trade war that has shown signs of de-escalation. On Monday, ...

  • 5 Winning ETF Areas of Last Week
    Zacks

    5 Winning ETF Areas of Last Week

    Wall Street put up a modest performance in the past week, while these ETF areas defeated all growth concerns to come up with stellar gains.