Wharton Business Group LLC Has $7.58 Million Stake in SPDR S&P Bank ETF (NYSEARCA:KBE)

Wharton Business Group LLC boosted its stake in SPDR S&P Bank ETF (NYSEARCA:KBEGet Rating) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,691 shares of the exchange traded fund’s stock after buying an additional 1,610 shares during the quarter. Wharton Business Group LLC owned approximately 0.28% of SPDR S&P Bank ETF worth $7,575,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Creative Financial Designs Inc. ADV acquired a new position in SPDR S&P Bank ETF in the first quarter worth $26,000. Tyler Stone Wealth Management acquired a new position in SPDR S&P Bank ETF in the fourth quarter worth $45,000. Mascoma Wealth Management LLC boosted its stake in SPDR S&P Bank ETF by 1,271.4% in the first quarter. Mascoma Wealth Management LLC now owns 960 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 890 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in SPDR S&P Bank ETF in the first quarter worth $59,000. Finally, Rise Advisors LLC acquired a new position in SPDR S&P Bank ETF in the fourth quarter worth $62,000.

SPDR S&P Bank ETF Price Performance

SPDR S&P Bank ETF stock opened at $47.81 on Wednesday. The business’s fifty day moving average is $47.93 and its two-hundred day moving average is $48.73. SPDR S&P Bank ETF has a 52 week low of $42.57 and a 52 week high of $60.60.

SPDR S&P Bank ETF Company Profile

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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.

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Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

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