SG Americas Securities LLC Has $4.98 Million Stake in SPDR S&P Bank ETF (NYSEARCA:KBE)

SG Americas Securities LLC trimmed its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 46.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,226 shares of the exchange traded fund’s stock after selling 81,390 shares during the period. SG Americas Securities LLC owned 0.32% of SPDR S&P Bank ETF worth $4,984,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in KBE. Creative Planning boosted its position in SPDR S&P Bank ETF by 3.3% during the second quarter. Creative Planning now owns 6,313 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 200 shares during the period. Fifth Third Bancorp boosted its position in SPDR S&P Bank ETF by 9.6% during the second quarter. Fifth Third Bancorp now owns 2,520 shares of the exchange traded fund’s stock worth $117,000 after purchasing an additional 220 shares during the period. Harbour Investments Inc. boosted its position in SPDR S&P Bank ETF by 10.2% during the second quarter. Harbour Investments Inc. now owns 3,721 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 343 shares during the period. Vima LLC boosted its position in SPDR S&P Bank ETF by 7.0% during the first quarter. Vima LLC now owns 12,879 shares of the exchange traded fund’s stock worth $607,000 after purchasing an additional 842 shares during the period. Finally, Lynx Investment Advisory bought a new position in SPDR S&P Bank ETF during the second quarter worth $45,000.

SPDR S&P Bank ETF Price Performance

KBE stock opened at $52.35 on Friday. The company has a fifty day moving average price of $51.81 and a two-hundred day moving average price of $48.34. SPDR S&P Bank ETF has a one year low of $33.97 and a one year high of $55.04. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42.

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.