Sanctuary Advisors LLC increased its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) by 12.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 6,274 shares of the exchange traded fund’s stock after buying an additional 688 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $371,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. US Bancorp DE lifted its position in SPDR S&P Bank ETF by 678.9% during the 3rd quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 645 shares during the period. New Wave Wealth Advisors LLC acquired a new position in SPDR S&P Bank ETF during the 4th quarter valued at about $46,000. Heck Capital Advisors LLC acquired a new position in SPDR S&P Bank ETF during the 4th quarter valued at about $51,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P Bank ETF during the 4th quarter valued at about $64,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $84,000.
SPDR S&P Bank ETF Trading Down 1.2 %
SPDR S&P Bank ETF stock opened at $56.65 on Tuesday. SPDR S&P Bank ETF has a 1 year low of $42.77 and a 1 year high of $63.74. The company has a market cap of $2.68 billion, a PE ratio of 13.73 and a beta of 1.15. The company’s 50-day moving average is $57.22 and its two-hundred day moving average is $56.17.
SPDR S&P Bank ETF Profile
SPDR KBW Bank ETF, formerly The SPDR S&P Bank ETF (the Fund), seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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Want to see what other hedge funds are holding KBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report).
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