SPDR S&P Bank ETF (NYSEARCA:KBE) Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 108.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,883 shares of the exchange traded fund’s stock after purchasing an additional 1,500 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR S&P Bank ETF were worth $160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KBE. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P Bank ETF during the 4th quarter worth $46,000. Jones Financial Companies Lllp raised its holdings in SPDR S&P Bank ETF by 1,008.8% during the fourth quarter. Jones Financial Companies Lllp now owns 887 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 807 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in SPDR S&P Bank ETF in the fourth quarter valued at about $51,000. Rialto Wealth Management LLC acquired a new stake in SPDR S&P Bank ETF in the fourth quarter valued at about $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Bank ETF in the 4th quarter valued at approximately $64,000.

SPDR S&P Bank ETF Trading Down 0.8 %

Shares of KBE stock opened at $50.30 on Friday. The stock has a 50 day simple moving average of $51.86 and a 200-day simple moving average of $55.66. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 11.56 and a beta of 0.99. SPDR S&P Bank ETF has a 12-month low of $43.64 and a 12-month high of $63.74.

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.