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Harel Insurance Sold $330 Million of Invesco KBW Bank ETF

Source: Motley Fool

2026-02-05 12:47:24 ET

Harel Insurance Investments & Financial Services Ltd. disclosed in its Feb. 3, 2026, SEC filing that it sold 4,177,000 shares of the Invesco KBW Bank ETF (KBWB), an estimated $330 million transaction based on the quarterly average price.

According to a filing with the Securities and Exchange Commission dated Feb. 3, 2026, Harel Insurance Investments & Financial Services Ltd. reduced its stake in Invesco KBW Bank ETF by 4,177,000 shares. The estimated trade size is $330 million, calculated using the average closing price for the quarter ended Dec. 31, 2025. The value of the position declined by $326.68 million, reflecting both trading and market movement.

Invesco KBW Bank ETF (KBWB) provides targeted exposure to the U.S. banking sector by tracking a benchmark of leading national and regional banks. The fund's strategy is designed to capture the performance of the largest and most liquid U.S. banking institutions, making it a specialized tool for investors seeking sector-specific allocation. With a sizable asset base and a disciplined, index-driven approach, KBWB offers institutional investors a liquid, cost-efficient means to access the U.S. banking industry.

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