XML Financial LLC Sells 327 Shares of SPDR S&P Bank ETF $KBE

XML Financial LLC trimmed its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 7.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,172 shares of the exchange traded fund’s stock after selling 327 shares during the quarter. XML Financial LLC’s holdings in SPDR S&P Bank ETF were worth $233,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Golden State Wealth Management LLC increased its stake in SPDR S&P Bank ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 shares during the period. Pandora Wealth Inc. bought a new position in shares of SPDR S&P Bank ETF in the first quarter worth about $37,000. US Bancorp DE grew its holdings in shares of SPDR S&P Bank ETF by 43.9% in the first quarter. US Bancorp DE now owns 1,065 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 325 shares during the last quarter. Provident Wealth Management LLC purchased a new position in SPDR S&P Bank ETF in the 1st quarter worth about $66,000. Finally, NBC Securities Inc. lifted its holdings in SPDR S&P Bank ETF by 125,300.0% during the 1st quarter. NBC Securities Inc. now owns 1,254 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 1,253 shares in the last quarter.

SPDR S&P Bank ETF Price Performance

SPDR S&P Bank ETF stock opened at $59.07 on Thursday. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 12.60 and a beta of 1.14. The firm has a 50-day moving average of $59.18 and a two-hundred day moving average of $55.28. SPDR S&P Bank ETF has a 1 year low of $44.34 and a 1 year high of $63.74.

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.