1,583 Shares in SPDR S&P Bank ETF (NYSEARCA:KBE) Acquired by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC acquired a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,583 shares of the exchange traded fund’s stock, valued at approximately $84,000.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of SPDR S&P Bank ETF by 20.6% during the third quarter. FMR LLC now owns 4,309 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 736 shares during the period. Citigroup Inc. raised its position in shares of SPDR S&P Bank ETF by 372.7% in the 3rd quarter. Citigroup Inc. now owns 1,339,899 shares of the exchange traded fund’s stock valued at $70,867,000 after buying an additional 1,056,448 shares in the last quarter. Prospera Financial Services Inc bought a new stake in shares of SPDR S&P Bank ETF during the 3rd quarter worth approximately $1,207,000. MAI Capital Management increased its stake in SPDR S&P Bank ETF by 36.7% in the third quarter. MAI Capital Management now owns 14,225 shares of the exchange traded fund’s stock valued at $752,000 after acquiring an additional 3,821 shares during the last quarter. Finally, Vectors Research Management LLC bought a new position in SPDR S&P Bank ETF in the third quarter valued at approximately $217,000.

SPDR S&P Bank ETF Stock Performance

Shares of KBE stock opened at $62.01 on Thursday. The stock’s fifty day moving average price is $55.90 and its two-hundred day moving average price is $51.39. The company has a market cap of $1.82 billion, a PE ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a fifty-two week low of $38.97 and a fifty-two week high of $63.74.

SPDR S&P Bank ETF Company 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.