SPDR S&P Bank ETF $KBE Holdings Lifted by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 32.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,903 shares of the exchange traded fund’s stock after buying an additional 8,083 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $1,997,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Two Sigma Investments LP boosted its stake in SPDR S&P Bank ETF by 13.8% during the third quarter. Two Sigma Investments LP now owns 2,030,440 shares of the exchange traded fund’s stock valued at $120,649,000 after buying an additional 246,600 shares in the last quarter. Duquesne Family Office LLC bought a new position in SPDR S&P Bank ETF during the third quarter valued at about $28,646,000. Madison Asset Management LLC boosted its stake in SPDR S&P Bank ETF by 16.4% during the third quarter. Madison Asset Management LLC now owns 420,694 shares of the exchange traded fund’s stock valued at $24,998,000 after buying an additional 59,356 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in SPDR S&P Bank ETF by 0.7% during the third quarter. PNC Financial Services Group Inc. now owns 381,702 shares of the exchange traded fund’s stock valued at $22,681,000 after buying an additional 2,761 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in SPDR S&P Bank ETF by 13.1% during the third quarter. Raymond James Financial Inc. now owns 273,824 shares of the exchange traded fund’s stock valued at $16,271,000 after buying an additional 31,699 shares in the last quarter.

SPDR S&P Bank ETF Stock Down 0.2%

Shares of KBE stock opened at $64.07 on Friday. The stock has a 50-day simple moving average of $61.33 and a 200 day simple moving average of $61.09. SPDR S&P Bank ETF has a fifty-two week low of $51.35 and a fifty-two week high of $67.75. The stock has a market capitalization of $1.50 billion, a P/E ratio of 12.60 and a beta of 0.93.

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).