Heritage Wealth Advisors Has $166,000 Stock Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Posted by Bonnie Powley on Mar 26th, 2025

Heritage Wealth Advisors lessened its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) by 17.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,989 shares of the exchange traded fund’s stock after selling 615 shares during the quarter. Heritage Wealth Advisors’ holdings in SPDR S&P Bank ETF were worth $166,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P Bank ETF in the fourth quarter worth about $46,000. Jones Financial Companies Lllp increased its stake in SPDR S&P Bank ETF by 1,008.8% during the 4th quarter. Jones Financial Companies Lllp now owns 887 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 807 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in SPDR S&P Bank ETF during the 4th quarter worth approximately $51,000. Rialto Wealth Management LLC bought a new position in SPDR S&P Bank ETF in the fourth quarter valued at approximately $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Bank ETF in the fourth quarter valued at approximately $64,000.

SPDR S&P Bank ETF Stock Down 0.1 %

Shares of NYSEARCA:KBE opened at $54.25 on Wednesday. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 12.60 and a beta of 1.14. SPDR S&P Bank ETF has a 12 month low of $42.77 and a 12 month high of $63.74. The company’s fifty day simple moving average is $56.50 and its 200 day simple moving average is $56.25.

SPDR S&P Bank ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a $0.3774 dividend. The ex-dividend date is Monday, March 24th.

About SPDR S&P Bank ETF

(Free Report)

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.