Sanctuary Advisors LLC Has $371,000 Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Sanctuary Advisors LLC boosted its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,274 shares of the exchange traded fund’s stock after buying an additional 688 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $371,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Institute for Wealth Management LLC. grew its holdings in shares of SPDR S&P Bank ETF by 4.3% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,606 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 189 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of SPDR S&P Bank ETF by 1.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,759 shares of the exchange traded fund’s stock worth $985,000 after purchasing an additional 278 shares during the last quarter. Magnus Financial Group LLC grew its holdings in shares of SPDR S&P Bank ETF by 13.6% in the 4th quarter. Magnus Financial Group LLC now owns 5,166 shares of the exchange traded fund’s stock worth $287,000 after purchasing an additional 619 shares during the last quarter. US Bancorp DE grew its holdings in shares of SPDR S&P Bank ETF by 678.9% in the 3rd quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 645 shares during the last quarter. Finally, Stephens Inc. AR grew its holdings in shares of SPDR S&P Bank ETF by 7.4% in the 3rd quarter. Stephens Inc. AR now owns 9,491 shares of the exchange traded fund’s stock worth $502,000 after purchasing an additional 651 shares during the last quarter.

SPDR S&P Bank ETF Stock Performance

KBE opened at $56.65 on Tuesday. The firm’s 50-day simple moving average is $57.22 and its 200-day simple moving average is $56.17. SPDR S&P Bank ETF has a twelve month low of $42.77 and a twelve month high of $63.74. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 13.73 and a beta of 1.15.

SPDR S&P Bank ETF 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.