Invesco KBW High Dividend Yield Financial ETF $KBWD is Mission Hills Financial Advisory LLC’s 9th Largest Position

Mission Hills Financial Advisory LLC raised its position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 14.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 745,613 shares of the company’s stock after buying an additional 96,423 shares during the quarter. Invesco KBW High Dividend Yield Financial ETF comprises about 5.4% of Mission Hills Financial Advisory LLC’s holdings, making the stock its 9th largest position. Mission Hills Financial Advisory LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $10,088,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. increased its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 229.3% during the second quarter. Raymond James Financial Inc. now owns 161,894 shares of the company’s stock worth $2,245,000 after acquiring an additional 112,725 shares during the period. Jane Street Group LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the second quarter valued at approximately $515,000. Winnow Wealth LLC acquired a new position in Invesco KBW High Dividend Yield Financial ETF during the third quarter worth $400,000. B. Riley Wealth Advisors Inc. purchased a new position in Invesco KBW High Dividend Yield Financial ETF in the second quarter worth $342,000. Finally, Tower Research Capital LLC TRC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF in the second quarter valued at $336,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of NASDAQ KBWD opened at $13.91 on Friday. Invesco KBW High Dividend Yield Financial ETF has a one year low of $11.96 and a one year high of $15.80. The firm has a market capitalization of $432.88 million, a P/E ratio of 10.83 and a beta of 1.15. The company’s fifty day moving average is $13.97 and its two-hundred day moving average is $13.85.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.1479 per share. The ex-dividend date was Tuesday, January 20th. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 12.8%.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.