Harel Insurance Investments & Financial Services Ltd. Buys 3,000 Shares of SPDR S&P Bank ETF (NYSEARCA:KBE)

Harel Insurance Investments & Financial Services Ltd. boosted its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,000 shares of the exchange traded fund’s stock after purchasing an additional 3,000 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in SPDR S&P Bank ETF were worth $709,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in SPDR S&P Bank ETF by 311.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 600 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 454 shares in the last quarter. Ambassador Advisors LLC acquired a new stake in shares of SPDR S&P Bank ETF in the fourth quarter worth $42,000. Evoke Wealth LLC acquired a new stake in shares of SPDR S&P Bank ETF in the third quarter worth $43,000. Psagot Investment House Ltd. acquired a new stake in shares of SPDR S&P Bank ETF in the third quarter worth $62,000. Finally, Thor Advisors LLC acquired a new stake in shares of SPDR S&P Bank ETF in the third quarter worth $75,000.

Shares of NYSEARCA:KBE traded up $0.02 during midday trading on Thursday, reaching $46.20. The company’s stock had a trading volume of 101,594 shares, compared to its average volume of 1,523,636. SPDR S&P Bank ETF has a twelve month low of $39.28 and a twelve month high of $48.17. The stock has a fifty day moving average of $46.93 and a 200 day moving average of $44.31.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a $0.333 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.88%. This is a positive change from SPDR S&P Bank ETF’s previous quarterly dividend of $0.21.

About SPDR S&P Bank ETF

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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Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

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