SouthState Corp Has $199,000 Stake in SPDR S&P Bank ETF (NYSEARCA:KBE)

SouthState Corp decreased its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 14.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,766 shares of the exchange traded fund’s stock after selling 618 shares during the quarter. SouthState Corp’s holdings in SPDR S&P Bank ETF were worth $199,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of KBE. Carderock Capital Management Inc. acquired a new stake in SPDR S&P Bank ETF in the 3rd quarter worth about $50,000. RPg Family Wealth Advisory LLC acquired a new position in shares of SPDR S&P Bank ETF in the 2nd quarter valued at approximately $81,000. Signature Securities Group Corporation acquired a new position in shares of SPDR S&P Bank ETF in the 3rd quarter valued at approximately $86,000. Lakeview Capital Partners LLC raised its position in shares of SPDR S&P Bank ETF by 10.0% in the 3rd quarter. Lakeview Capital Partners LLC now owns 2,196 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 200 shares in the last quarter. Finally, TCI Wealth Advisors Inc. raised its position in shares of SPDR S&P Bank ETF by 24.2% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 2,475 shares of the exchange traded fund’s stock valued at $131,000 after buying an additional 482 shares in the last quarter.

Shares of NYSEARCA:KBE opened at $60.41 on Friday. The firm has a 50 day moving average of $55.93 and a 200-day moving average of $53.44. SPDR S&P Bank ETF has a 12 month low of $42.59 and a 12 month high of $60.60.

About SPDR S&P Bank ETF

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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Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

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