Csenge Advisory Group Has $11.38 Million Stock Holdings in Invesco KBW Bank ETF $KBWB

Csenge Advisory Group increased its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 24.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,948 shares of the company’s stock after purchasing an additional 26,898 shares during the period. Csenge Advisory Group’s holdings in Invesco KBW Bank ETF were worth $11,375,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KBWB. JPMorgan Chase & Co. boosted its holdings in shares of Invesco KBW Bank ETF by 77.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock worth $486,140,000 after buying an additional 2,712,112 shares during the period. Two Sigma Investments LP increased its position in Invesco KBW Bank ETF by 2,620.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after buying an additional 1,168,848 shares during the period. Temasek Holdings Private Ltd bought a new position in Invesco KBW Bank ETF in the third quarter worth $83,606,000. Northwestern Mutual Wealth Management Co. lifted its position in Invesco KBW Bank ETF by 2,254.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 313,609 shares of the company’s stock worth $26,434,000 after purchasing an additional 300,290 shares during the period. Finally, Fisher Asset Management LLC lifted its position in Invesco KBW Bank ETF by 9.1% in the third quarter. Fisher Asset Management LLC now owns 3,265,162 shares of the company’s stock worth $255,368,000 after purchasing an additional 273,692 shares during the period.

Invesco KBW Bank ETF Price Performance

Shares of KBWB stock opened at $84.30 on Tuesday. The stock has a market cap of $5.32 billion, a P/E ratio of 13.35 and a beta of 1.04. Invesco KBW Bank ETF has a one year low of $63.59 and a one year high of $91.43. The stock has a fifty day moving average price of $82.32 and a 200 day moving average price of $82.97.

Invesco KBW Bank ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.4898 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 2.3%. This is a positive change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44. The ex-dividend date was Monday, March 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.