XML Financial LLC Has $255,000 Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

XML Financial LLC lessened its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 12.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,597 shares of the exchange traded fund’s stock after selling 670 shares during the period. XML Financial LLC’s holdings in SPDR S&P Bank ETF were worth $255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning boosted its position in SPDR S&P Bank ETF by 3.3% in the 2nd quarter. Creative Planning now owns 6,313 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 200 shares during the last quarter. US Bancorp DE boosted its holdings in SPDR S&P Bank ETF by 678.9% in the third quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 645 shares during the last quarter. Stephens Inc. AR increased its position in SPDR S&P Bank ETF by 7.4% in the third quarter. Stephens Inc. AR now owns 9,491 shares of the exchange traded fund’s stock worth $502,000 after purchasing an additional 651 shares during the period. FMR LLC raised its holdings in SPDR S&P Bank ETF by 20.6% during the 3rd quarter. FMR LLC now owns 4,309 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 736 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in SPDR S&P Bank ETF by 14.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,968 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 769 shares during the period.

SPDR S&P Bank ETF Trading Down 0.2 %

Shares of NYSEARCA KBE opened at $57.81 on Friday. The firm has a market capitalization of $1.70 billion, a PE ratio of 7.86 and a beta of 1.42. The firm’s 50-day moving average is $58.12 and its 200-day moving average is $54.67. SPDR S&P Bank ETF has a 1 year low of $42.13 and a 1 year 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.