Attessa Capital LLC Acquires 5,036 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Attessa Capital LLC lifted its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 8.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,606 shares of the company’s stock after acquiring an additional 5,036 shares during the quarter. Invesco KBW Bank ETF makes up approximately 2.7% of Attessa Capital LLC’s portfolio, making the stock its 10th biggest position. Attessa Capital LLC owned 0.11% of Invesco KBW Bank ETF worth $4,055,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of KBWB. Wilmington Savings Fund Society FSB boosted its holdings in shares of Invesco KBW Bank ETF by 6.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,385 shares of the company’s stock valued at $287,000 after acquiring an additional 264 shares in the last quarter. Thompson Investment Management Inc. acquired a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at $54,000. Summit Trail Advisors LLC acquired a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at $20,039,000. Montag A & Associates Inc. acquired a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at $278,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at $229,000.

Invesco KBW Bank ETF Trading Up 0.1%

Shares of KBWB opened at $67.37 on Tuesday. The company has a market capitalization of $3.91 billion, a PE ratio of 12.26 and a beta of 1.19. Invesco KBW Bank ETF has a 12 month low of $51.13 and a 12 month high of $72.39. The stock’s 50-day moving average price is $61.57 and its two-hundred day moving average price is $65.42.

Invesco KBW Bank ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.4118 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco KBW Bank ETF’s previous dividend of $0.36.

About Invesco KBW Bank ETF

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.