Simmons Bank Has $647,000 Stock Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Simmons Bank cut its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,665 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Simmons Bank’s holdings in SPDR S&P Bank ETF were worth $647,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. US Bancorp DE increased its holdings in SPDR S&P Bank ETF by 678.9% during the 3rd quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 645 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new position in shares of SPDR S&P Bank ETF during the fourth quarter valued at approximately $46,000. Heck Capital Advisors LLC bought a new stake in SPDR S&P Bank ETF during the fourth quarter worth $51,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Bank ETF in the 4th quarter valued at $64,000. Finally, RPg Family Wealth Advisory LLC bought a new position in SPDR S&P Bank ETF during the 3rd quarter valued at $84,000.

SPDR S&P Bank ETF Trading Up 0.2 %

KBE stock opened at $56.46 on Friday. The stock has a market cap of $2.67 billion, a P/E ratio of 13.73 and a beta of 1.15. The stock’s fifty day simple moving average is $57.17 and its two-hundred day simple moving average is $55.97. SPDR S&P Bank ETF has a 1-year low of $42.77 and a 1-year 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.