Jefferies Financial Group Inc. Acquires Shares of 242,783 SPDR S&P Bank ETF (NYSEARCA:KBE)

Jefferies Financial Group Inc. bought a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 242,783 shares of the exchange traded fund’s stock, valued at approximately $13,467,000. Jefferies Financial Group Inc. owned 0.51% of SPDR S&P Bank ETF at the end of the most recent reporting period.

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

SPDR S&P Bank ETF Trading Down 0.5 %

SPDR S&P Bank ETF stock opened at $52.67 on Friday. SPDR S&P Bank ETF has a 52 week low of $43.64 and a 52 week high of $63.74. The stock has a market cap of $1.56 billion, a P/E ratio of 11.56 and a beta of 0.99. The stock has a 50 day moving average of $50.87 and a 200-day moving average of $55.45.

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.