Cwm LLC Acquires 333 Shares of SPDR S&P Bank ETF (NYSEARCA:KBE)

Cwm LLC boosted its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 34.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,292 shares of the exchange traded fund’s stock after purchasing an additional 333 shares during the quarter. Cwm LLC’s holdings in SPDR S&P Bank ETF were worth $59,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd bought a new stake in SPDR S&P Bank ETF in the 3rd quarter valued at about $180,000. Stratos Wealth Partners LTD. bought a new position in shares of SPDR S&P Bank ETF in the 4th quarter worth $937,000. Great Valley Advisor Group Inc. lifted its holdings in shares of SPDR S&P Bank ETF by 24.7% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,083 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 1,401 shares in the last quarter. Webster Bank N. A. acquired a new stake in SPDR S&P Bank ETF in the 4th quarter valued at $218,000. Finally, Tower Research Capital LLC TRC increased its stake in SPDR S&P Bank ETF by 7,457.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 8,162 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 8,054 shares in the last quarter.

SPDR S&P Bank ETF Trading Up 0.5 %

SPDR S&P Bank ETF stock opened at $47.05 on Thursday. The firm’s fifty day moving average price is $45.24 and its two-hundred day moving average price is $43.49. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a 1-year low of $31.96 and a 1-year high of $47.39.

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.