Barclays PLC Sells 13,104 Shares of SPDR S&P Bank ETF (NYSEARCA:KBE)

Barclays PLC cut its position in SPDR S&P Bank ETF (NYSEARCA:KBE) by 90.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,327 shares of the exchange traded fund’s stock after selling 13,104 shares during the quarter. Barclays PLC’s holdings in SPDR S&P Bank ETF were worth $70,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Creative Planning raised its position in SPDR S&P Bank ETF by 3.3% during the 2nd quarter. Creative Planning now owns 6,313 shares of the exchange traded fund’s stock worth $293,000 after buying an additional 200 shares during the last quarter. US Bancorp DE raised its position in shares of SPDR S&P Bank ETF by 678.9% in the third quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 645 shares during the last quarter. Stephens Inc. AR grew its position in shares of SPDR S&P Bank ETF by 7.4% in the third quarter. Stephens Inc. AR now owns 9,491 shares of the exchange traded fund’s stock valued at $502,000 after purchasing an additional 651 shares in the last quarter. FMR LLC raised its holdings in shares of SPDR S&P Bank ETF by 20.6% during the 3rd quarter. FMR LLC now owns 4,309 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 736 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of SPDR S&P Bank ETF by 14.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,968 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 769 shares during the period.

SPDR S&P Bank ETF Stock Up 0.0 %

Shares of SPDR S&P Bank ETF stock opened at $55.21 on Friday. SPDR S&P Bank ETF has a 52 week low of $42.13 and a 52 week high of $63.74. The firm has a market cap of $1.62 billion, a PE ratio of 7.86 and a beta of 1.42. The business’s fifty day simple moving average is $58.41 and its 200-day simple moving average is $53.92.

About SPDR S&P Bank ETF

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.