100,000 Shares in Invesco KBW Bank ETF $KBWB Purchased by MKP Capital Management L.L.C.

MKP Capital Management L.L.C. acquired a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) in the 4th quarter, Holdings Channel reports. The fund acquired 100,000 shares of the company’s stock, valued at approximately $8,429,000. Invesco KBW Bank ETF accounts for about 0.3% of MKP Capital Management L.L.C.’s portfolio, making the stock its 21st biggest holding.

Several other large investors have also made changes to their positions in KBWB. JPMorgan Chase & Co. lifted its position 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 purchasing an additional 2,712,112 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of Invesco KBW Bank ETF by 2,620.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after purchasing an additional 1,168,848 shares during the last quarter. Temasek Holdings Private Ltd acquired a new position in shares of Invesco KBW Bank ETF during the 3rd quarter worth about $83,606,000. BNP Paribas Financial Markets acquired a new position in shares of Invesco KBW Bank ETF during the 4th quarter worth about $72,072,000. Finally, Fisher Asset Management LLC lifted its position in shares of Invesco KBW Bank ETF by 9.3% during the 4th quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock worth $300,765,000 after purchasing an additional 303,052 shares during the last quarter.

Invesco KBW Bank ETF Stock Performance

NASDAQ KBWB opened at $86.88 on Tuesday. Invesco KBW Bank ETF has a twelve month low of $64.54 and a twelve month high of $91.43. The stock has a market capitalization of $5.48 billion, a PE ratio of 13.35 and a beta of 1.04. The stock has a 50-day simple moving average of $84.09 and a 200 day simple moving average of $83.61.

Invesco KBW Bank ETF Increases Dividend

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

Invesco KBW Bank ETF Company 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.