Integrated Advisors Network LLC acquired a new position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,490 shares of the exchange traded fund’s stock, valued at approximately $537,000.
A number of other large investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in shares of SPDR S&P Bank ETF by 1,944.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 334,848 shares of the exchange traded fund’s stock worth $19,940,000 after acquiring an additional 318,467 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in SPDR S&P Bank ETF by 65.7% during the first quarter. Bank of New York Mellon Corp now owns 281,665 shares of the exchange traded fund’s stock worth $16,773,000 after purchasing an additional 111,649 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR S&P Bank ETF by 60.7% during the second quarter. Envestnet Asset Management Inc. now owns 190,106 shares of the exchange traded fund’s stock worth $12,969,000 after purchasing an additional 71,772 shares during the last quarter. MRA Advisory Group lifted its stake in SPDR S&P Bank ETF by 4.9% during the second quarter. MRA Advisory Group now owns 112,634 shares of the exchange traded fund’s stock worth $7,684,000 after purchasing an additional 5,234 shares during the last quarter. Finally, Quantitative Investment Management LLC acquired a new stake in shares of SPDR S&P Bank ETF in the 2nd quarter valued at $4,791,000.
SPDR S&P Bank ETF Stock Performance
Shares of KBE stock opened at $65.87 on Friday. SPDR S&P Bank ETF has a fifty-two week low of $54.85 and a fifty-two week high of $71.92. The stock’s fifty day moving average price is $66.25 and its two-hundred day moving average price is $66.20. The company has a market cap of $1.44 billion, a PE ratio of 12.60 and a beta of 0.92.
SPDR S&P Bank ETF Company Profile
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