9,639 Shares in SPDR S&P Bank ETF $KBE Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC acquired a new stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,639 shares of the exchange traded fund’s stock, valued at approximately $573,000.

Several other large investors also recently modified their holdings of KBE. Schroder Investment Management Group acquired a new stake in SPDR S&P Bank ETF in the 2nd quarter valued at $37,514,000. Bank of New York Mellon Corp bought a new position in shares of SPDR S&P Bank ETF during the second quarter valued at $9,606,000. Norden Group LLC acquired a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at $6,696,000. Sage Advisory Services Ltd.Co. acquired a new stake in shares of SPDR S&P Bank ETF in the 2nd quarter valued at $4,441,000. Finally, Walleye Capital LLC bought a new stake in shares of SPDR S&P Bank ETF in the 2nd quarter worth about $3,586,000.

SPDR S&P Bank ETF Stock Up 1.5%

Shares of SPDR S&P Bank ETF stock opened at $64.50 on Tuesday. SPDR S&P Bank ETF has a 12-month low of $44.34 and a 12-month high of $65.82. The stock has a market capitalization of $1.55 billion, a P/E ratio of 12.60 and a beta of 0.97. The company has a 50-day simple moving average of $62.05 and a 200 day simple moving average of $59.69.

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).