IMC Chicago LLC increased its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) by 43.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,834 shares of the exchange traded fund’s stock after buying an additional 11,212 shares during the period. IMC Chicago LLC owned about 0.16% of SPDR S&P Bank ETF worth $2,193,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KBE. Almanack Investment Partners LLC. purchased a new position in shares of SPDR S&P Bank ETF during the 4th quarter valued at approximately $536,000. Sanctuary Advisors LLC increased its stake in shares of SPDR S&P Bank ETF by 32.6% in the fourth quarter. Sanctuary Advisors LLC now owns 32,903 shares of the exchange traded fund’s stock worth $1,997,000 after buying an additional 8,083 shares during the last quarter. SG Americas Securities LLC raised its holdings in SPDR S&P Bank ETF by 902.3% in the fourth quarter. SG Americas Securities LLC now owns 32,846 shares of the exchange traded fund’s stock valued at $1,993,000 after acquiring an additional 29,569 shares in the last quarter. Sapient Capital LLC acquired a new stake in SPDR S&P Bank ETF in the fourth quarter valued at $1,397,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in SPDR S&P Bank ETF during the 4th quarter valued at $1,479,000.
SPDR S&P Bank ETF Price Performance
NYSEARCA KBE opened at $69.59 on Thursday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 12.60 and a beta of 0.89. SPDR S&P Bank ETF has a 12 month low of $54.42 and a 12 month high of $69.93. The company’s fifty day moving average price is $65.50 and its two-hundred day moving average price is $63.53.
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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS).
Recommended Stories
- Five stocks we like better than SPDR S&P Bank ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for SPDR S&P Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.
