Group One Trading LLC Acquires 9,028 Shares of SPDR S&P Bank ETF $KBE

Group One Trading LLC raised its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 68.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,306 shares of the exchange traded fund’s stock after acquiring an additional 9,028 shares during the quarter. Group One Trading LLC owned approximately 0.09% of SPDR S&P Bank ETF worth $1,325,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of KBE. Wagner Wealth Management LLC purchased a new stake in shares of SPDR S&P Bank ETF during the third quarter valued at $29,000. HHM Wealth Advisors LLC increased its stake in SPDR S&P Bank ETF by 3,886.4% in the 3rd quarter. HHM Wealth Advisors LLC now owns 877 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 855 shares during the period. CWM LLC lifted its holdings in SPDR S&P Bank ETF by 42.2% during the 3rd quarter. CWM LLC now owns 1,348 shares of the exchange traded fund’s stock valued at $80,000 after buying an additional 400 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in SPDR S&P Bank ETF by 54.4% during the 3rd quarter. CoreCap Advisors LLC now owns 1,768 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 623 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in SPDR S&P Bank ETF by 24.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 3,509 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 700 shares during the period.

SPDR S&P Bank ETF Stock Performance

Shares of NYSEARCA:KBE opened at $59.42 on Tuesday. The firm’s 50 day simple moving average is $63.44 and its 200-day simple moving average is $60.85. SPDR S&P Bank ETF has a one year low of $44.34 and a one year high of $67.75. The firm has a market cap of $1.43 billion, a PE ratio of 12.60 and a beta of 0.97.

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. 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).