Meritage Portfolio Management Has $608,000 Holdings in Invesco KBW Regional Banking ETF (NASDAQ:KBWR)

Meritage Portfolio Management lifted its position in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) by 12.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,170 shares of the company’s stock after purchasing an additional 1,115 shares during the quarter. Meritage Portfolio Management owned 1.12% of Invesco KBW Regional Banking ETF worth $608,000 at the end of the most recent reporting period.

Separately, Private Advisor Group LLC acquired a new position in Invesco KBW Regional Banking ETF in the third quarter worth about $549,000.

Invesco KBW Regional Banking ETF Price Performance

Shares of KBWR stock opened at $63.69 on Thursday. The stock’s fifty day simple moving average is $62.32 and its 200 day simple moving average is $59.51. Invesco KBW Regional Banking ETF has a one year low of $46.02 and a one year high of $69.75. The firm has a market cap of $57.96 million, a price-to-earnings ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.4104 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.