Forum Financial Management LP purchased a new stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 17,057 shares of the exchange traded fund’s stock, valued at approximately $1,078,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CX Institutional acquired a new position in shares of SPDR S&P Bank ETF in the third quarter worth about $28,000. Timbuktu Capital Management LLC purchased a new stake in shares of SPDR S&P Bank ETF during the 2nd quarter worth about $41,000. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Bank ETF during the 2nd quarter worth about $44,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Bank ETF during the 3rd quarter worth about $53,000. Finally, MWA Asset Management acquired a new stake in shares of SPDR S&P Bank ETF during the 1st quarter valued at about $56,000.
SPDR S&P Bank ETF Stock Up 0.1%
NYSEARCA:KBE opened at $63.62 on Friday. SPDR S&P Bank ETF has a 52 week low of $54.85 and a 52 week high of $71.92. The stock has a market capitalization of $1.45 billion, a PE ratio of 12.60 and a beta of 0.92. The stock’s 50-day moving average price is $66.88 and its 200-day moving average price is $66.02.
SPDR S&P Bank ETF Company Profile
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Want to see what other hedge funds are holding KBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report).
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