SPDR S&P Bank ETF (NYSEARCA:KBE) Shares Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 43.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,655 shares of the exchange traded fund’s stock after purchasing an additional 3,815 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P Bank ETF were worth $702,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. US Bancorp DE raised its stake 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 valued at $39,000 after purchasing an additional 645 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Bank ETF in the 4th quarter valued at about $46,000. Jones Financial Companies Lllp raised its stake in shares of SPDR S&P Bank ETF by 1,008.8% in the 4th quarter. Jones Financial Companies Lllp now owns 887 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 807 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of SPDR S&P Bank ETF during the 4th quarter valued at about $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Bank ETF during the 4th quarter valued at about $64,000.

SPDR S&P Bank ETF Stock Down 0.8 %

Shares of NYSEARCA:KBE opened at $51.28 on Wednesday. SPDR S&P Bank ETF has a fifty-two week low of $42.77 and a fifty-two week high of $63.74. The firm has a 50-day simple moving average of $56.90 and a 200 day simple moving average of $56.23. The company has a market cap of $2.43 billion, a PE ratio of 13.73 and a beta of 1.15.

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.