8,838 Shares in SPDR S&P Bank ETF $KBE Purchased by Almanack Investment Partners LLC.

Almanack Investment Partners LLC. purchased a new position in shares of SPDR S&P Bank ETF (NYSEARCA:KBEFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,838 shares of the exchange traded fund’s stock, valued at approximately $536,000.

Several other large investors also recently bought and sold shares of the business. ProVise Management Group LLC grew its stake in SPDR S&P Bank ETF by 3.1% during the 4th quarter. ProVise Management Group LLC now owns 215,959 shares of the exchange traded fund’s stock valued at $13,107,000 after acquiring an additional 6,463 shares in the last quarter. NBC Securities Inc. grew its stake in SPDR S&P Bank ETF by 31.8% during the 4th quarter. NBC Securities Inc. now owns 1,626 shares of the exchange traded fund’s stock valued at $99,000 after acquiring an additional 392 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new stake in SPDR S&P Bank ETF during the 4th quarter valued at about $489,000. Sage Advisory Services Ltd.Co. purchased a new stake in SPDR S&P Bank ETF during the 4th quarter valued at about $4,501,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in SPDR S&P Bank ETF during the 4th quarter valued at about $173,000.

SPDR S&P Bank ETF Trading Down 1.3%

Shares of NYSEARCA KBE opened at $63.50 on Friday. SPDR S&P Bank ETF has a 12-month low of $49.55 and a 12-month high of $67.75. The stock has a market cap of $1.49 billion, a PE ratio of 12.60 and a beta of 0.93. The company has a 50-day moving average of $61.41 and a 200 day moving average of $60.90.

SPDR S&P Bank ETF Company Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

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