Stephens Inc. AR Has $513,000 Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Stephens Inc. AR reduced its holdings in SPDR S&P Bank ETF (NYSEARCA:KBE) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,241 shares of the exchange traded fund’s stock after selling 250 shares during the period. Stephens Inc. AR’s holdings in SPDR S&P Bank ETF were worth $513,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of KBE. Institute for Wealth Management LLC. raised its holdings in SPDR S&P Bank ETF by 4.3% in the fourth quarter. Institute for Wealth Management LLC. now owns 4,606 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 189 shares during the period. Creative Planning raised its holdings in SPDR S&P Bank ETF by 3.3% in the second quarter. Creative Planning now owns 6,313 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 200 shares during the period. Janney Montgomery Scott LLC raised its holdings in SPDR S&P Bank ETF by 1.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 17,759 shares of the exchange traded fund’s stock worth $985,000 after purchasing an additional 278 shares during the period. Magnus Financial Group LLC raised its holdings in SPDR S&P Bank ETF by 13.6% in the fourth quarter. Magnus Financial Group LLC now owns 5,166 shares of the exchange traded fund’s stock worth $287,000 after purchasing an additional 619 shares during the period. Finally, US Bancorp DE raised its holdings in SPDR S&P Bank ETF by 678.9% in the third quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 645 shares during the period.

SPDR S&P Bank ETF Stock Up 0.3 %

Shares of KBE stock opened at $58.58 on Friday. The firm has a fifty day moving average of $57.40 and a 200-day moving average of $55.51. SPDR S&P Bank ETF has a 12-month low of $42.77 and a 12-month high of $63.74. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42.

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.