Rehmann Capital Advisory Group trimmed its holdings in shares of SPDR KBW Bank (NYSE:KBE) by 11.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,975 shares of the exchange traded fund’s stock after selling 3,625 shares during the quarter. Rehmann Capital Advisory Group’s holdings in SPDR KBW Bank were worth $1,306,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also bought and sold shares of KBE. SG Americas Securities LLC grew its position in SPDR KBW Bank by 113.2% during the second quarter. SG Americas Securities LLC now owns 83,004 shares of the exchange traded fund’s stock worth $3,612,000 after buying an additional 713,761 shares in the last quarter. Meritage Portfolio Management purchased a new position in SPDR KBW Bank during the second quarter worth about $6,219,000. Symphony Asset Management LLC grew its position in SPDR KBW Bank by 30.8% during the second quarter. Symphony Asset Management LLC now owns 598,060 shares of the exchange traded fund’s stock worth $26,028,000 after buying an additional 140,900 shares in the last quarter. Seatown Holdings Pte. Ltd. grew its position in SPDR KBW Bank by 76.7% during the second quarter. Seatown Holdings Pte. Ltd. now owns 299,442 shares of the exchange traded fund’s stock worth $13,032,000 after buying an additional 130,000 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. purchased a new position in SPDR KBW Bank during the second quarter worth about $4,983,000.
SPDR KBW Bank (NYSE:KBE) traded down 0.89% during trading on Monday, reaching $45.80. The company had a trading volume of 353,020 shares. SPDR KBW Bank has a one year low of $33.80 and a one year high of $46.99. The firm’s 50-day moving average price is $44.21 and its 200 day moving average price is $43.06.
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SPDR KBW Bank 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.
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