Segment Wealth Management LLC Buys New Holdings in SPDR S&P Bank ETF $KBE

Segment Wealth Management LLC bought a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,500 shares of the exchange traded fund’s stock, valued at approximately $1,106,000. Segment Wealth Management LLC owned approximately 0.08% of SPDR S&P Bank ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CX Institutional purchased a new position in SPDR S&P Bank ETF in the 3rd quarter worth $28,000. Valley National Advisers Inc. purchased a new position in shares of SPDR S&P Bank ETF in the third quarter worth about $33,000. Timbuktu Capital Management LLC bought a new stake in shares of SPDR S&P Bank ETF in the 2nd quarter valued at about $41,000. Ameritas Advisory Services LLC bought a new stake in shares of SPDR S&P Bank ETF in the 2nd quarter valued at about $44,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $53,000.

SPDR S&P Bank ETF Price Performance

Shares of KBE stock opened at $66.06 on Wednesday. The business has a 50-day moving average of $66.09 and a 200 day moving average of $64.99. SPDR S&P Bank ETF has a 1-year low of $54.85 and a 1-year high of $71.92. The stock has a market capitalization of $1.46 billion, a PE ratio of 12.60 and a beta of 0.92.

SPDR S&P Bank ETF Profile