Private Advisor Group LLC raised its position in shares of SPDR KBW Bank (NYSEARCA:KBE) by 36.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,765 shares of the exchange traded fund’s stock after purchasing an additional 2,897 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR KBW Bank were worth $518,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of SPDR KBW Bank by 8.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,918,274 shares of the exchange traded fund’s stock valued at $86,053,000 after purchasing an additional 149,702 shares during the period. Cohen & Steers Inc. grew its stake in shares of SPDR KBW Bank by 27.3% during the 3rd quarter. Cohen & Steers Inc. now owns 140,313 shares of the exchange traded fund’s stock valued at $6,327,000 after acquiring an additional 30,052 shares during the period. Vigilant Capital Management LLC grew its stake in shares of SPDR KBW Bank by 3.3% during the 4th quarter. Vigilant Capital Management LLC now owns 493,943 shares of the exchange traded fund’s stock valued at $23,383,000 after acquiring an additional 15,551 shares during the period. AMP Capital Investors Ltd grew its stake in shares of SPDR KBW Bank by 354.3% during the 3rd quarter. AMP Capital Investors Ltd now owns 5,876,100 shares of the exchange traded fund’s stock valued at $264,955,000 after acquiring an additional 4,582,600 shares during the period. Finally, FMR LLC bought a new position in shares of SPDR KBW Bank during the 2nd quarter valued at approximately $262,000.
SPDR KBW Bank (KBE) opened at $50.35 on Friday. The stock has a market capitalization of $4,320.00 and a P/E ratio of 9.55. SPDR KBW Bank has a 52 week low of $39.60 and a 52 week high of $51.58.
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SPDR KBW Bank 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.
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