SPDR S&P Bank ETF (NYSEARCA:KBE) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,429 shares of the exchange traded fund’s stock after selling 314 shares during the period. Harbour Investments Inc.’s holdings in SPDR S&P Bank ETF were worth $190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new position in SPDR S&P Bank ETF in the fourth quarter valued at $46,000. Jones Financial Companies Lllp boosted its stake in SPDR S&P Bank ETF by 1,008.8% in the fourth quarter. Jones Financial Companies Lllp now owns 887 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 807 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in SPDR S&P Bank ETF in the fourth quarter valued at $51,000. Heck Capital Advisors LLC acquired a new position in SPDR S&P Bank ETF in the fourth quarter valued at $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P Bank ETF in the fourth quarter valued at $64,000.

SPDR S&P Bank ETF Price Performance

NYSEARCA KBE opened at $53.29 on Friday. The company has a fifty day moving average of $56.54 and a two-hundred day moving average of $56.18. SPDR S&P Bank ETF has a 1 year low of $42.77 and a 1 year high of $63.74. The company has a market capitalization of $2.26 billion, a PE ratio of 12.60 and a beta of 1.14.

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.