Retireful LLC Invests $1.77 Million in SPDR S&P Bank ETF (NYSEARCA:KBE)

Retireful LLC bought a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,157 shares of the exchange traded fund’s stock, valued at approximately $1,770,000.

Other large investors also recently bought and sold shares of the company. Lynx Investment Advisory acquired a new stake in shares of SPDR S&P Bank ETF during the second quarter valued at $45,000. CWM LLC boosted its stake in SPDR S&P Bank ETF by 34.7% in the 4th quarter. CWM LLC now owns 1,292 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 333 shares during the last quarter. Fifth Third Bancorp boosted its stake in SPDR S&P Bank ETF by 9.6% in the 2nd 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 last quarter. Clear Street Markets LLC acquired a new stake in SPDR S&P Bank ETF in the 4th quarter worth about $129,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in SPDR S&P Bank ETF in the 2nd quarter worth about $134,000.

SPDR S&P Bank ETF Price Performance

NYSEARCA:KBE traded up $0.49 during mid-day trading on Friday, reaching $53.86. The company’s stock had a trading volume of 1,501,378 shares, compared to its average volume of 2,074,383. The company’s fifty day simple moving average is $50.07 and its two-hundred day simple moving average is $46.98. The stock has a market cap of $1.58 billion, a P/E ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a twelve month low of $33.97 and a twelve month high of $55.04.

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.