SPDR S&P Bank ETF Sees Unusually Large Options Volume (NYSEARCA:KBE)

Posted by James Quigley on Mar 15th, 2025

SPDR S&P Bank ETF (NYSEARCA:KBE – Get Free Report) saw some unusual options trading activity on Friday. Investors bought 5,030 put options on the company. This represents an increase of 93% compared to the typical daily volume of 2,611 put options.

Institutional Trading of SPDR S&P Bank ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of KBE. Castlekeep Investment Advisors LLC bought a new stake in SPDR S&P Bank ETF during the 4th quarter worth approximately $261,072,000. JPMorgan Chase & Co. increased its holdings in SPDR S&P Bank ETF by 1,963.2% during the 4th quarter. JPMorgan Chase & Co. now owns 2,311,639 shares of the exchange traded fund’s stock worth $128,227,000 after acquiring an additional 2,199,599 shares during the period. Citigroup Inc. increased its holdings in SPDR S&P Bank ETF by 372.7% during the 3rd quarter. Citigroup Inc. now owns 1,339,899 shares of the exchange traded fund’s stock worth $70,867,000 after acquiring an additional 1,056,448 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of SPDR S&P Bank ETF by 290.0% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,170,000 shares of the exchange traded fund’s stock worth $64,900,000 after buying an additional 870,000 shares during the last quarter. Finally, Tlwm bought a new position in shares of SPDR S&P Bank ETF in the 4th quarter worth $17,871,000.

SPDR S&P Bank ETF Trading Up 2.9 %

Shares of KBE stock opened at $52.76 on Friday. The stock has a market capitalization of $2.24 billion, a P/E ratio of 12.60 and a beta of 1.14. The firm’s 50 day moving average is $56.70 and its 200 day moving average is $56.17. SPDR S&P Bank ETF has a 12 month low of $42.77 and a 12 month high of $63.74.

SPDR S&P Bank ETF Company Profile

(Get Free Report)

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.