November 22, 2016 - By Louis Casey · 0 Comments
Nov 22 is a positive day so far for PowerShares KBW Regional Bank ETF (NYSEARCA:KBWR) as the ETF is active during the day after gaining 0.38% to hit $52.7 per share. The exchange traded fund has 119.20 million net assets and 1.61% volatility this month.
Over the course of the day 353 shares traded hands, as compared to an average volume of 15,350 over the last 30 days for PowerShares KBW Regional Bank ETF (NYSEARCA:KBWR).
The ETF is 2.92% of its 52-Week High and 49.56% of its low, and is currently having ATR of 1. This year’s performance is 23.06% while this quarter’s performance is 18.70%.
The ETF’s YTD performance is 8.85%, the 1 year is 6.74% and the 3 year is 8.01%.
The ETF’s average P/E ratio is 16.3, the price to book is 1.38, the price to sales is 4.01 and the price to cashflow is 11.97. It was started on 11/01/2011. The fund’s top holdings are: East West Bancorp Inc. for 4.07% of assets, Signature Bank for 3.97%, PacWest Bancorp for 3.73%, Commerce Bancshares Inc. for 3.44%, Bank of the Ozarks for 3.20%, Texas Capital Bancshares Inc. for 2.27%, Bank of Hawaii Corporation Comm for 2.10%, F.N.B. Corporation Common Stock for 2.10%, Cullen/Frost Bankers Inc. Comm for 2.10%, Webster Financial Corporation C for 2.10%. The ETF sector weights are: Financial Services 100.00%. The ETF currently as 1.84% yield.
More notable recent PowerShares KBW Regional Banking Portfolio ETF (NYSEARCA:KBWR) news were published by: Nasdaq.com which released: “Cullen/Frost Bankers, Inc. (CFR) Ex-Dividend Date Scheduled for August 29, 2016” on August 26, 2016, also Etftrends.com with their article: “After the Trump Rally, Some Turn Cautious on Regional Banks” published on November 17, 2016, Etftrends.com published: “Resurgent Regional Bank ETFs” on May 19, 2015. More interesting news about PowerShares KBW Regional Banking Portfolio ETF (NYSEARCA:KBWR) were released by: Seekingalpha.com and their article: “Should You Buy Regional Bank ETFs Now?” published on May 30, 2016 as well as Nasdaq.com‘s news article titled: “PacWest Bancorp (PACW) Passes Through 4% Yield Mark” with publication date: November 15, 2016.
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By Louis Casey