Attessa Capital LLC Invests $3.89 Million in Invesco KBW Bank ETF (NASDAQ:KBWB)

Attessa Capital LLC bought a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 59,570 shares of the company’s stock, valued at approximately $3,893,000. Invesco KBW Bank ETF accounts for about 2.7% of Attessa Capital LLC’s investment portfolio, making the stock its 12th biggest position. Attessa Capital LLC owned approximately 0.12% of Invesco KBW Bank ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in KBWB. Capital Performance Advisors LLP purchased a new stake in shares of Invesco KBW Bank ETF in the third quarter valued at about $29,000. Private Trust Co. NA increased its position in Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares during the period. Synergy Asset Management LLC purchased a new stake in Invesco KBW Bank ETF during the 4th quarter valued at approximately $40,000. Thompson Investment Management Inc. acquired a new stake in Invesco KBW Bank ETF during the 4th quarter worth approximately $54,000. Finally, HM Payson & Co. purchased a new position in shares of Invesco KBW Bank ETF in the 3rd quarter valued at approximately $68,000.

Invesco KBW Bank ETF Trading Up 0.2 %

NASDAQ:KBWB opened at $70.60 on Friday. The stock’s 50 day simple moving average is $68.25 and its 200-day simple moving average is $63.59. Invesco KBW Bank ETF has a 12-month low of $47.64 and a 12-month high of $72.39. The firm has a market cap of $3.41 billion, a P/E ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3601 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco KBW Bank ETF Profile

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.