SPDR S&P Bank ETF (NYSEARCA:KBE) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 22.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,425 shares of the exchange traded fund’s stock after purchasing an additional 1,551 shares during the period. Corient Private Wealth LLC’s holdings in SPDR S&P Bank ETF were worth $467,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in KBE. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of SPDR S&P Bank ETF by 290.0% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,170,000 shares of the exchange traded fund’s stock worth $64,900,000 after acquiring an additional 870,000 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of SPDR S&P Bank ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 364,031 shares of the exchange traded fund’s stock valued at $20,193,000 after acquiring an additional 1,921 shares in the last quarter. Tlwm purchased a new position in SPDR S&P Bank ETF in the fourth quarter valued at $17,871,000. Madison Investment Advisors LLC acquired a new position in SPDR S&P Bank ETF during the 4th quarter worth $14,443,000. Finally, Raymond James Financial Inc. purchased a new stake in SPDR S&P Bank ETF during the 4th quarter worth about $11,709,000.

SPDR S&P Bank ETF Stock Performance

Shares of KBE opened at $52.52 on Friday. SPDR S&P Bank ETF has a 1 year low of $42.77 and a 1 year high of $63.74. The stock has a market capitalization of $2.23 billion, a PE ratio of 12.60 and a beta of 1.14. The stock has a 50-day simple moving average of $56.26 and a 200-day simple moving average of $56.25.

SPDR S&P Bank ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.3774 dividend. The ex-dividend date was Monday, March 24th.

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.