North Star Asset Management Inc. decreased its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,337 shares of the exchange traded fund’s stock after selling 275 shares during the period. North Star Asset Management Inc. owned about 0.06% of SPDR S&P Bank ETF worth $1,009,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Tibra Equities Europe Ltd lifted its position in shares of SPDR S&P Bank ETF by 21.2% during the 3rd quarter. Tibra Equities Europe Ltd now owns 495,462 shares of the exchange traded fund’s stock valued at $21,384,000 after buying an additional 86,542 shares during the last quarter. Janney Capital Management LLC bought a new position in shares of SPDR S&P Bank ETF in the fourth quarter worth $22,073,000. Wharton Business Group LLC grew its position in shares of SPDR S&P Bank ETF by 18.1% in the third quarter. Wharton Business Group LLC now owns 418,466 shares of the exchange traded fund’s stock valued at $18,061,000 after purchasing an additional 64,155 shares in the last quarter. Meritage Portfolio Management grew its position in shares of SPDR S&P Bank ETF by 5.0% in the third quarter. Meritage Portfolio Management now owns 265,565 shares of the exchange traded fund’s stock valued at $11,462,000 after purchasing an additional 12,703 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA boosted its stake in SPDR S&P Bank ETF by 0.8% in the 4th quarter. Marshall & Sullivan Inc. WA now owns 235,411 shares of the exchange traded fund’s stock worth $11,132,000 after purchasing an additional 1,851 shares during the period.

Shares of KBE traded down $0.30 during mid-day trading on Friday, reaching $45.81. 78,679 shares of the stock traded hands, compared to its average volume of 1,602,503. The firm has a fifty day moving average price of $46.14 and a 200 day moving average price of $44.48. SPDR S&P Bank ETF has a 1 year low of $39.28 and a 1 year high of $48.17.

SPDR S&P Bank ETF 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 S&P Bank ETF (NYSEARCA:KBE)

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