Sprucegrove Investment Management Ltd. Has $11.88 Million Position in State Bank of India (OTCMKTS:SBKFF)

Sprucegrove Investment Management Ltd. lessened its stake in shares of State Bank of India (OTCMKTS:SBKFF) by 19.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 117,605 shares of the company’s stock after selling 28,590 shares during the period. State Bank of India accounts for 0.6% of Sprucegrove Investment Management Ltd.’s portfolio, making the stock its 29th largest holding. Sprucegrove Investment Management Ltd.’s holdings in State Bank of India were worth $11,878,000 as of its most recent filing with the Securities & Exchange Commission.

State Bank of India Price Performance

SBKFF opened at $96.50 on Friday. The stock’s 50 day moving average price is $101.67 and its two-hundred day moving average price is $94.29. State Bank of India has a 12-month low of $67.03 and a 12-month high of $112.85.

About State Bank of India

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.