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Invesco Exchange-Traded Fund Trust II - Invesco KBW Bank ETF (KBWB)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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41.23+0.90 (+2.23%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close40.33
Open41.38
BidN/A x N/A
AskN/A x N/A
Day's Range41.09 - 42.23
52 Week Range28.38 - 59.14
Volume3,645,192
Avg. VolumeN/A
Net AssetsN/A
NAVN/A
PE Ratio (TTM)N/A
YieldN/A
YTD Daily Total ReturnN/A
Beta (5Y Monthly)N/A
Expense Ratio (net)N/A
Inception DateN/A
  • Sheila Bair: The danger of allowing banks to artificially boost capital ratios
    Yahoo Finance

    Sheila Bair: The danger of allowing banks to artificially boost capital ratios

    Former FDIC Chair Sheila Bair says regulators are allowing banks to artificially boost their capital ratios, arguing that the Fed should suspend dividends instead.

  • 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.