Trivium Point Advisory LLC Purchases Shares of 15,024 SPDR S&P Bank ETF $KBE

Trivium Point Advisory LLC acquired a new position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 15,024 shares of the exchange traded fund’s stock, valued at approximately $893,000. Trivium Point Advisory LLC owned approximately 0.06% of SPDR S&P Bank ETF as of its most recent SEC filing.

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

SPDR S&P Bank ETF Stock Performance

Shares of NYSEARCA:KBE opened at $61.05 on Friday. SPDR S&P Bank ETF has a 52-week low of $44.34 and a 52-week high of $67.75. The company has a market capitalization of $1.47 billion, a P/E ratio of 12.60 and a beta of 0.97. The company has a 50-day simple moving average of $63.60 and a 200 day simple moving average of $60.73.

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. 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).