Fourth Dimension Wealth LLC Acquires New Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Fourth Dimension Wealth LLC acquired a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,749 shares of the exchange traded fund’s stock, valued at approximately $1,484,000. Fourth Dimension Wealth LLC owned 0.09% of SPDR S&P Bank ETF at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Magnus Financial Group LLC raised its holdings in SPDR S&P Bank ETF by 13.6% in the fourth quarter. Magnus Financial Group LLC now owns 5,166 shares of the exchange traded fund’s stock worth $287,000 after purchasing an additional 619 shares during the period. Janney Montgomery Scott LLC raised its holdings in SPDR S&P Bank ETF by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 17,759 shares of the exchange traded fund’s stock worth $985,000 after purchasing an additional 278 shares during the period. Mutual Advisors LLC raised its holdings in SPDR S&P Bank ETF by 95.9% in the fourth quarter. Mutual Advisors LLC now owns 11,116 shares of the exchange traded fund’s stock worth $635,000 after purchasing an additional 5,443 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in SPDR S&P Bank ETF by 290.0% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,170,000 shares of the exchange traded fund’s stock worth $64,900,000 after purchasing an additional 870,000 shares during the period. Finally, Ibex Wealth Advisors acquired a new stake in SPDR S&P Bank ETF in the fourth quarter worth $1,683,000.

SPDR S&P Bank ETF Stock Performance

KBE opened at $52.90 on Friday. The firm’s fifty day moving average is $51.21 and its two-hundred day moving average is $55.45. The firm has a market cap of $1.44 billion, a PE ratio of 12.17 and a beta of 0.96. SPDR S&P Bank ETF has a twelve month low of $43.64 and a twelve month high of $63.74.

SPDR S&P Bank ETF Company Profile

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.