Hudock Capital Group LLC raised its stake in shares of SPDR KBW Bank (NYSEARCA:KBE) by 53.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,610 shares of the exchange traded fund’s stock after acquiring an additional 1,955 shares during the period. Hudock Capital Group LLC’s holdings in SPDR KBW Bank were worth $265,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of KBE. AMP Capital Investors Ltd raised its stake in SPDR KBW Bank by 354.3% during the 3rd quarter. AMP Capital Investors Ltd now owns 5,876,100 shares of the exchange traded fund’s stock valued at $264,955,000 after acquiring an additional 4,582,600 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of SPDR KBW Bank by 32,481.8% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 446,370 shares of the exchange traded fund’s stock worth $20,127,000 after buying an additional 445,000 shares in the last quarter. Cadinha & Co. LLC purchased a new position in shares of SPDR KBW Bank during the 4th quarter worth approximately $12,841,000. BNP Paribas Arbitrage SA raised its stake in shares of SPDR KBW Bank by 830.5% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 275,000 shares of the exchange traded fund’s stock worth $12,400,000 after buying an additional 245,446 shares in the last quarter. Finally, Seatown Holdings Pte. Ltd. raised its stake in shares of SPDR KBW Bank by 59.0% during the 3rd quarter. Seatown Holdings Pte. Ltd. now owns 476,000 shares of the exchange traded fund’s stock worth $21,463,000 after buying an additional 176,558 shares in the last quarter.
SPDR KBW Bank (NYSEARCA KBE) traded up $1.13 on Wednesday, hitting $49.81. The company had a trading volume of 1,679,820 shares, compared to its average volume of 2,707,747. The firm has a market cap of $4,250.00 and a PE ratio of 9.24. SPDR KBW Bank has a 1-year low of $39.60 and a 1-year high of $51.58.
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SPDR KBW Bank 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.
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