Leuthold Group LLC Invests $731,000 in Invesco KBW Bank ETF (NASDAQ:KBWB)

Leuthold Group LLC purchased a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,180 shares of the company’s stock, valued at approximately $731,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA increased its holdings in shares of Invesco KBW Bank ETF by 88.7% during the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after buying an additional 266 shares during the last quarter. FMR LLC increased its holdings in shares of Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after buying an additional 515 shares during the last quarter. Financial Advocates Investment Management acquired a new stake in shares of Invesco KBW Bank ETF during the 4th quarter worth approximately $2,143,000. Flow Traders U.S. LLC increased its holdings in shares of Invesco KBW Bank ETF by 44.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,748 shares of the company’s stock worth $454,000 after buying an additional 2,391 shares during the last quarter. Finally, HM Payson & Co. acquired a new stake in shares of Invesco KBW Bank ETF during the 3rd quarter worth approximately $68,000.

Invesco KBW Bank ETF Price Performance

Shares of NASDAQ KBWB opened at $68.94 on Friday. The company has a 50 day simple moving average of $68.56 and a 200-day simple moving average of $64.31. The company has a market capitalization of $3.33 billion, a P/E ratio of 14.51 and a beta of 1.19. Invesco KBW Bank ETF has a 1 year low of $48.73 and a 1 year high of $72.39.

Invesco KBW Bank ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date was Monday, December 23rd.

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.