About KBWB ETF
The Invesco KBW Bank ETF (Fund) is based on the KBW Nasdaq Bank Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Underlying Index. The Index is a modified-market capitalization-weighted index of companies primariy engaged in US banking activities. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. and is composed of large national US money centers, regional banks and thrift institutions that are publicly traded in the US. The Fund and the Index are rebalanced and reconstituted quarterly.
About the Fund Manager:
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Invesco manages $1,197.8 billion in assets on behalf of clients worldwide (as of June 30, 2019 ).
1. Fund Factsheet