Kestra Advisory Services LLC Purchases 252,173 Shares of SPDR S&P Bank ETF $KBE

Kestra Advisory Services LLC acquired a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 252,173 shares of the exchange traded fund’s stock, valued at approximately $15,942,000. Kestra Advisory Services LLC owned approximately 1.11% of SPDR S&P Bank ETF at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC bought a new stake in shares of SPDR S&P Bank ETF during the 3rd quarter valued at $1,197,000. Pathway Financial Advisers LLC purchased a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter worth about $27,000. Chicago Partners Investment Group LLC purchased a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter worth about $513,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of SPDR S&P Bank ETF in the 3rd quarter worth about $225,000. Finally, Hopwood Financial Services Inc. purchased a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $253,000.

SPDR S&P Bank ETF Price Performance

Shares of NYSEARCA KBE opened at $65.91 on Monday. SPDR S&P Bank ETF has a 1 year low of $54.85 and a 1 year high of $71.92. The firm has a 50-day moving average of $65.69 and a 200 day moving average of $65.14. The stock has a market cap of $1.54 billion, a P/E ratio of 12.60 and a beta of 0.92.

SPDR S&P Bank ETF Company Profile