Banco Bilbao Vizcaya Argentaria S.A. Lowers Holdings in SPDR S&P Bank ETF (NYSEARCA:KBE)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in SPDR S&P Bank ETF (NYSEARCA:KBE) by 37.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,209 shares of the exchange traded fund’s stock after selling 8,492 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in SPDR S&P Bank ETF were worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in shares of SPDR S&P Bank ETF during the 3rd quarter worth $295,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of SPDR S&P Bank ETF during the 3rd quarter worth $88,000. International Assets Investment Management LLC purchased a new stake in shares of SPDR S&P Bank ETF during the 4th quarter worth $209,000. Tlwm purchased a new stake in shares of SPDR S&P Bank ETF during the 4th quarter worth $17,871,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Bank ETF during the 4th quarter worth $64,000.

SPDR S&P Bank ETF Stock Down 0.8 %

NYSEARCA:KBE opened at $50.30 on Monday. The company has a market capitalization of $1.49 billion, a PE ratio of 11.56 and a beta of 0.99. SPDR S&P Bank ETF has a 52-week low of $43.64 and a 52-week high of $63.74. The stock has a fifty day simple moving average of $51.86 and a 200-day simple moving average of $55.69.

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.