EP Wealth Advisors LLC Cuts Stock Position in SPDR S&P Bank ETF $KBE

EP Wealth Advisors LLC lessened its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 9.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 3,565 shares of the exchange traded fund’s stock after selling 352 shares during the period. EP Wealth Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $189,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Kapitalo Investimentos Ltda purchased a new stake in SPDR S&P Bank ETF in the 1st quarter worth $25,315,000. LPL Financial LLC grew its position in shares of SPDR S&P Bank ETF by 9.8% during the first quarter. LPL Financial LLC now owns 413,564 shares of the exchange traded fund’s stock valued at $21,902,000 after purchasing an additional 36,873 shares in the last quarter. Madison Asset Management LLC grew its position in shares of SPDR S&P Bank ETF by 52.8% during the first quarter. Madison Asset Management LLC now owns 397,809 shares of the exchange traded fund’s stock valued at $21,068,000 after purchasing an additional 137,441 shares in the last quarter. Nan Fung Trinity HK Ltd. purchased a new position in shares of SPDR S&P Bank ETF during the first quarter valued at about $20,575,000. Finally, PNC Financial Services Group Inc. grew its position in shares of SPDR S&P Bank ETF by 1.7% during the first quarter. PNC Financial Services Group Inc. now owns 370,386 shares of the exchange traded fund’s stock valued at $19,616,000 after purchasing an additional 6,355 shares in the last quarter.

SPDR S&P Bank ETF Stock Up 0.1%

Shares of SPDR S&P Bank ETF stock opened at $60.78 on Thursday. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 12.60 and a beta of 1.14. The business has a 50-day moving average price of $58.57 and a 200-day moving average price of $54.66. SPDR S&P Bank ETF has a twelve month low of $44.34 and a twelve month 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.