US Bancorp DE Has $39,000 Stake in SPDR S&P Bank ETF (NYSEARCA:KBE)

US Bancorp DE lifted its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 678.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 740 shares of the exchange traded fund’s stock after buying an additional 645 shares during the quarter. US Bancorp DE’s holdings in SPDR S&P Bank ETF were worth $39,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. ProVise Management Group LLC increased its holdings in SPDR S&P Bank ETF by 3.3% in the second quarter. ProVise Management Group LLC now owns 190,879 shares of the exchange traded fund’s stock worth $8,855,000 after purchasing an additional 6,038 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of SPDR S&P Bank ETF by 0.4% in the 2nd quarter. SG Americas Securities LLC now owns 175,616 shares of the exchange traded fund’s stock valued at $8,147,000 after acquiring an additional 734 shares in the last quarter. Alaska Permanent Fund Corp lifted its position in shares of SPDR S&P Bank ETF by 45.7% during the 3rd quarter. Alaska Permanent Fund Corp now owns 153,000 shares of the exchange traded fund’s stock valued at $8,092,000 after acquiring an additional 48,000 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR S&P Bank ETF by 92.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 91,488 shares of the exchange traded fund’s stock valued at $4,244,000 after acquiring an additional 44,020 shares during the period. Finally, Raymond James & Associates boosted its stake in SPDR S&P Bank ETF by 4.2% during the third quarter. Raymond James & Associates now owns 51,072 shares of the exchange traded fund’s stock worth $2,701,000 after acquiring an additional 2,044 shares in the last quarter.

SPDR S&P Bank ETF Stock Down 0.2 %

NYSEARCA KBE opened at $59.87 on Tuesday. SPDR S&P Bank ETF has a 52 week low of $38.97 and a 52 week high of $61.87. The business has a 50 day moving average price of $54.45 and a 200-day moving average price of $50.63. The company has a market cap of $1.76 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.