Cobblestone Capital Advisors LLC NY Has $608,000 Stock Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Cobblestone Capital Advisors LLC NY lessened its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,500 shares of the exchange traded fund’s stock after selling 600 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in SPDR S&P Bank ETF were worth $608,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of KBE. US Bancorp DE boosted its holdings in SPDR S&P Bank ETF by 678.9% in the third quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 645 shares during the last quarter. Lynx Investment Advisory acquired a new position in shares of SPDR S&P Bank ETF in the 2nd quarter worth approximately $45,000. RPg Family Wealth Advisory LLC bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at $84,000. Fifth Third Bancorp increased its position in shares of SPDR S&P Bank ETF by 9.6% during the second quarter. Fifth Third Bancorp now owns 2,520 shares of the exchange traded fund’s stock worth $117,000 after buying an additional 220 shares during the period. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in shares of SPDR S&P Bank ETF during the second quarter worth $134,000.

SPDR S&P Bank ETF Stock Down 0.3 %

KBE stock opened at $61.84 on Monday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42. The company’s fifty day simple moving average is $56.21 and its 200 day simple moving average is $51.62. SPDR S&P Bank ETF has a 12-month low of $39.96 and a 12-month high of $63.74.

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.