Howard Hughes Medical Institute trimmed its stake in shares of SPDR KBW Bank (NYSE:KBE) by 27.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the exchange traded fund’s stock after selling 75,000 shares during the quarter. SPDR KBW Bank accounts for 2.2% of Howard Hughes Medical Institute’s holdings, making the stock its 5th largest holding. Howard Hughes Medical Institute’s holdings in SPDR KBW Bank were worth $9,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. IndexIQ Advisors LLC grew its stake in SPDR KBW Bank by 230.1% during the 3rd quarter. IndexIQ Advisors LLC now owns 20,754 shares of the exchange traded fund’s stock worth $937,000 after purchasing an additional 14,467 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in 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. SFE Investment Counsel grew its stake in SPDR KBW Bank by 38.9% during the 3rd quarter. SFE Investment Counsel now owns 40,825 shares of the exchange traded fund’s stock worth $1,841,000 after purchasing an additional 11,425 shares in the last quarter. Seatown Holdings Pte. Ltd. grew its stake in 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. Finally, Mather Group LLC. grew its stake in SPDR KBW Bank by 4.3% during the 3rd quarter. Mather Group LLC. now owns 278,499 shares of the exchange traded fund’s stock worth $12,557,000 after purchasing an additional 11,491 shares in the last quarter.

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SPDR KBW Bank (KBE) traded down $0.98 on Tuesday, reaching $44.57. The company had a trading volume of 272,394 shares. SPDR KBW Bank has a 1 year low of $34.57 and a 1 year high of $46.99.

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

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