SG Americas Securities LLC Has $1.99 Million Stock Position in SPDR S&P Bank ETF $KBE

SG Americas Securities LLC increased its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 902.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,846 shares of the exchange traded fund’s stock after acquiring an additional 29,569 shares during the period. SG Americas Securities LLC owned about 0.15% of SPDR S&P Bank ETF worth $1,993,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Duquesne Family Office LLC acquired a new position in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $28,646,000. Two Sigma Investments LP boosted its holdings in shares of SPDR S&P Bank ETF by 13.8% during the third quarter. Two Sigma Investments LP now owns 2,030,440 shares of the exchange traded fund’s stock worth $120,649,000 after purchasing an additional 246,600 shares during the period. Norden Group LLC acquired a new stake in shares of SPDR S&P Bank ETF during the third quarter worth approximately $6,696,000. Twin Tree Management LP grew its position in SPDR S&P Bank ETF by 104.2% during the third quarter. Twin Tree Management LP now owns 4,323 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 108,457 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in SPDR S&P Bank ETF during the second quarter valued at approximately $3,586,000.

SPDR S&P Bank ETF Stock Performance

SPDR S&P Bank ETF stock opened at $60.24 on Monday. SPDR S&P Bank ETF has a twelve month low of $44.34 and a twelve month high of $67.75. The firm has a market cap of $1.30 billion, a PE ratio of 12.60 and a beta of 0.97. The firm’s 50 day moving average price is $61.95 and its two-hundred day moving average price is $60.57.

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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS).