CX Institutional Takes $115,000 Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

CX Institutional purchased a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,170 shares of the exchange traded fund’s stock, valued at approximately $115,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its position in shares of 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 period. Rialto Wealth Management LLC purchased a new position in SPDR S&P Bank ETF in the 4th quarter valued at about $51,000. Heck Capital Advisors LLC acquired a new stake in SPDR S&P Bank ETF in the 4th quarter worth about $51,000. NBC Securities Inc. increased its stake in SPDR S&P Bank ETF by 125,300.0% during the 1st quarter. NBC Securities Inc. now owns 1,254 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 1,253 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in shares of SPDR S&P Bank ETF by 145.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,264 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 750 shares during the last quarter.

SPDR S&P Bank ETF Stock Up 0.4%

Shares of KBE opened at $53.08 on Tuesday. 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 $1.39 billion, a PE ratio of 12.17 and a beta of 0.97. The firm’s fifty day moving average is $51.76 and its two-hundred day moving average is $54.61.

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.