Kestra Advisory Services LLC Makes New Investment in SPDR S&P Bank ETF $KBE

Kestra Advisory Services LLC bought a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 252,173 shares of the exchange traded fund’s stock, valued at approximately $15,942,000.

Other institutional investors have also recently modified their holdings of the company. Baird Financial Group Inc. raised its position in shares of SPDR S&P Bank ETF by 1.9% in the 2nd quarter. Baird Financial Group Inc. now owns 17,579 shares of the exchange traded fund’s stock worth $1,199,000 after purchasing an additional 327 shares during the last quarter. Vectors Research Management LLC grew its position in SPDR S&P Bank ETF by 3.6% during the 1st quarter. Vectors Research Management LLC now owns 11,490 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 400 shares during the last quarter. Pathway Financial Advisers LLC purchased a new stake in SPDR S&P Bank ETF during the 3rd quarter valued at about $27,000. CX Institutional purchased a new stake in SPDR S&P Bank ETF during the 3rd quarter valued at about $28,000. Finally, Valley National Advisers Inc. bought a new stake in SPDR S&P Bank ETF during the 3rd quarter valued at about $33,000.

SPDR S&P Bank ETF Stock Performance

NYSEARCA:KBE opened at $65.91 on Monday. The firm has a market cap of $1.54 billion, a P/E ratio of 12.60 and a beta of 0.92. SPDR S&P Bank ETF has a fifty-two week low of $54.85 and a fifty-two week high of $71.92. The firm has a 50-day simple moving average of $65.69 and a two-hundred day simple moving average of $65.14.

SPDR S&P Bank ETF Profile