SPDR S&P Bank ETF $KBE Shares Bought by Stephens Inc. AR

Stephens Inc. AR boosted its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 7.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,110 shares of the exchange traded fund’s stock after buying an additional 688 shares during the period. Stephens Inc. AR’s holdings in SPDR S&P Bank ETF were worth $564,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KBE. Golden State Wealth Management LLC boosted its stake in SPDR S&P Bank ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 300 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in SPDR S&P Bank ETF during the second quarter worth $35,000. Pandora Wealth Inc. acquired a new position in SPDR S&P Bank ETF during the first quarter worth $37,000. US Bancorp DE boosted its stake in SPDR S&P Bank ETF by 43.9% during the first quarter. US Bancorp DE now owns 1,065 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 325 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new position in SPDR S&P Bank ETF during the second quarter worth $203,000.

SPDR S&P Bank ETF Stock Performance

NYSEARCA KBE opened at $57.80 on Friday. The stock’s fifty day moving average is $59.49 and its two-hundred day moving average is $56.05. The firm has a market capitalization of $1.38 billion, a P/E ratio of 12.60 and a beta of 1.14. SPDR S&P Bank ETF has a fifty-two week low of $44.34 and a fifty-two week high of $63.74.

About SPDR S&P Bank ETF

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.