Stifel Financial Corp Has $8.67 Million Stock Holdings in SPDR S&P Bank ETF (NYSEARCA:KBE)

Stifel Financial Corp decreased its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 1.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,889 shares of the exchange traded fund’s stock after selling 3,647 shares during the period. Stifel Financial Corp owned about 0.52% of SPDR S&P Bank ETF worth $8,672,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC grew its holdings in SPDR S&P Bank ETF by 311.0% in the second quarter. Tower Research Capital LLC TRC now owns 600 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 454 shares during the period. Psagot Investment House Ltd. bought a new stake in shares of SPDR S&P Bank ETF in the third quarter worth about $62,000. Coastal Investment Advisors Inc. raised its position in shares of SPDR S&P Bank ETF by 164.6% during the second quarter. Coastal Investment Advisors Inc. now owns 2,305 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 1,434 shares during the period. Global Trust Asset Management LLC acquired a new stake in shares of SPDR S&P Bank ETF during the third quarter worth about $117,000. Finally, Citizens Financial Group Inc RI raised its position in shares of SPDR S&P Bank ETF by 14.1% during the second quarter. Citizens Financial Group Inc RI now owns 3,162 shares of the exchange traded fund’s stock worth $137,000 after purchasing an additional 390 shares during the period.

Shares of KBE opened at $45.26 on Wednesday. The stock has a 50 day simple moving average of $45.28 and a 200 day simple moving average of $43.25. SPDR S&P Bank ETF has a 52-week low of $34.92 and a 52-week high of $46.83.

About SPDR S&P Bank ETF

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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Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

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