NTV Asset Management LLC Acquires 13,710 Shares of SPDR S&P Bank ETF $KBE

NTV Asset Management LLC acquired a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,710 shares of the exchange traded fund’s stock, valued at approximately $867,000. NTV Asset Management LLC owned approximately 0.06% of SPDR S&P Bank ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Janney Montgomery Scott LLC increased its position in shares of SPDR S&P Bank ETF by 1,944.1% during the first quarter. Janney Montgomery Scott LLC now owns 334,848 shares of the exchange traded fund’s stock worth $19,940,000 after acquiring an additional 318,467 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of SPDR S&P Bank ETF by 65.7% in the 1st quarter. Bank of New York Mellon Corp now owns 281,665 shares of the exchange traded fund’s stock worth $16,773,000 after acquiring an additional 111,649 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of SPDR S&P Bank ETF by 60.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 190,106 shares of the exchange traded fund’s stock worth $12,969,000 after acquiring an additional 71,772 shares during the last quarter. MRA Advisory Group raised its holdings in shares of SPDR S&P Bank ETF by 4.9% in the 2nd quarter. MRA Advisory Group now owns 112,634 shares of the exchange traded fund’s stock worth $7,684,000 after acquiring an additional 5,234 shares during the last quarter. Finally, Quantitative Investment Management LLC bought a new position in SPDR S&P Bank ETF in the 2nd quarter valued at about $4,791,000.

SPDR S&P Bank ETF Stock Performance

Shares of NYSEARCA KBE opened at $65.87 on Monday. SPDR S&P Bank ETF has a fifty-two week low of $54.85 and a fifty-two week high of $71.92. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 12.60 and a beta of 0.92. The firm’s 50-day simple moving average is $66.25 and its 200 day simple moving average is $66.24.

SPDR S&P Bank ETF Profile