SPDR KBW Bank (KBE) Shares Bought by SFE Investment Counsel

SFE Investment Counsel raised its stake in SPDR KBW Bank (NYSEARCA:KBE) by 121.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,513 shares of the exchange traded fund’s stock after acquiring an additional 49,688 shares during the quarter. SPDR KBW Bank comprises 1.7% of SFE Investment Counsel’s holdings, making the stock its 19th largest position. SFE Investment Counsel’s holdings in SPDR KBW Bank were worth $4,285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. AMP Capital Investors Ltd grew its position in shares of SPDR KBW Bank by 354.3% during the 3rd quarter. AMP Capital Investors Ltd now owns 5,876,100 shares of the exchange traded fund’s stock worth $264,955,000 after purchasing an additional 4,582,600 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of SPDR KBW Bank by 32,481.8% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 446,370 shares of the exchange traded fund’s stock worth $20,127,000 after purchasing an additional 445,000 shares in the last quarter. Cadinha & Co. LLC acquired a new position in shares of SPDR KBW Bank during the 4th quarter worth approximately $12,841,000. BNP Paribas Arbitrage SA grew its position in shares of SPDR KBW Bank by 830.5% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 275,000 shares of the exchange traded fund’s stock worth $12,400,000 after purchasing an additional 245,446 shares in the last quarter. Finally, Seatown Holdings Pte. Ltd. grew its position in shares of SPDR KBW Bank by 59.0% during the 3rd quarter. Seatown Holdings Pte. Ltd. now owns 476,000 shares of the exchange traded fund’s stock worth $21,463,000 after purchasing an additional 176,558 shares in the last quarter.

SPDR KBW Bank (NYSEARCA KBE) opened at $48.95 on Thursday. SPDR KBW Bank has a 52-week low of $39.60 and a 52-week high of $51.58. The stock has a market cap of $4,080.00 and a P/E ratio of 9.29.

TRADEMARK VIOLATION WARNING: This piece of content was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.com-unik.info/2018/02/08/spdr-kbw-bank-kbe-shares-bought-by-sfe-investment-counsel.html.

SPDR KBW Bank 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.

Want to see what other hedge funds are holding KBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR KBW Bank (NYSEARCA:KBE).

Institutional Ownership by Quarter for SPDR KBW Bank (NYSEARCA:KBE)

Receive News & Ratings for SPDR KBW Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR KBW Bank and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit