SPDR S&P Bank ETF $KBE Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 1,944.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 334,848 shares of the exchange traded fund’s stock after buying an additional 318,467 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Bank ETF were worth $19,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Duquesne Family Office LLC purchased a new stake in SPDR S&P Bank ETF during the third quarter worth approximately $28,646,000. Royal Bank of Canada boosted its holdings in SPDR S&P Bank ETF by 262.0% in the fourth quarter. Royal Bank of Canada now owns 463,143 shares of the exchange traded fund’s stock valued at $28,109,000 after purchasing an additional 335,194 shares in the last quarter. Two Sigma Investments LP increased its stake in SPDR S&P Bank ETF by 13.8% in the third quarter. Two Sigma Investments LP now owns 2,030,440 shares of the exchange traded fund’s stock valued at $120,649,000 after purchasing an additional 246,600 shares during the last quarter. Agave Capital Management Ltd purchased a new position in SPDR S&P Bank ETF in the fourth quarter valued at approximately $7,112,000. Finally, MRA Advisory Group acquired a new stake in SPDR S&P Bank ETF during the fourth quarter worth approximately $6,934,000.

SPDR S&P Bank ETF Price Performance

Shares of KBE opened at $68.22 on Wednesday. SPDR S&P Bank ETF has a 1-year low of $54.42 and a 1-year high of $68.68. The stock has a market cap of $1.59 billion, a PE ratio of 12.60 and a beta of 0.90. The firm has a fifty day moving average price of $64.51 and a 200 day moving average price of $63.05.

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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS).