SPDR S&P Bank ETF (NYSEARCA:KBE) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in SPDR S&P Bank ETF (NYSEARCA:KBE) by 37.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,209 shares of the exchange traded fund’s stock after selling 8,492 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in SPDR S&P Bank ETF were worth $790,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KBE. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P Bank ETF in the 4th quarter valued at approximately $46,000. Jones Financial Companies Lllp raised its holdings in SPDR S&P Bank ETF by 1,008.8% during the fourth quarter. Jones Financial Companies Lllp now owns 887 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 807 shares in the last quarter. Rialto Wealth Management LLC acquired a new stake in SPDR S&P Bank ETF during the fourth quarter worth approximately $51,000. Heck Capital Advisors LLC acquired a new stake in SPDR S&P Bank ETF during the fourth quarter worth approximately $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Bank ETF in the 4th quarter valued at $64,000.

SPDR S&P Bank ETF Price Performance

Shares of SPDR S&P Bank ETF stock opened at $50.30 on Monday. The firm’s fifty day simple moving average is $51.86 and its 200-day simple moving average is $55.69. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 11.56 and a beta of 0.99. SPDR S&P Bank ETF has a 12 month low of $43.64 and a 12 month high of $63.74.

SPDR S&P Bank ETF Company 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.