RMB Capital Management LLC Has $833,000 Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

RMB Capital Management LLC raised its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 17.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,051 shares of the exchange traded fund’s stock after purchasing an additional 2,390 shares during the period. RMB Capital Management LLC’s holdings in SPDR S&P Bank ETF were worth $833,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Nvwm LLC acquired a new position in shares of SPDR S&P Bank ETF in the fourth quarter valued at about $27,000. IFP Advisors Inc grew its stake in shares of SPDR S&P Bank ETF by 38.5% in the first quarter. IFP Advisors Inc now owns 720 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 200 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of SPDR S&P Bank ETF in the first quarter valued at about $72,000. Global Retirement Partners LLC grew its stake in shares of SPDR S&P Bank ETF by 99.6% in the first quarter. Global Retirement Partners LLC now owns 1,439 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 718 shares in the last quarter. Finally, Lehman & Derafelo Financial Resources LLC grew its stake in shares of SPDR S&P Bank ETF by 31.8% in the first quarter. Lehman & Derafelo Financial Resources LLC now owns 1,503 shares of the exchange traded fund’s stock valued at $78,000 after acquiring an additional 363 shares in the last quarter.

KBE stock opened at $53.38 on Friday. The company has a 50-day simple moving average of $53.74. SPDR S&P Bank ETF has a 52 week low of $27.79 and a 52 week high of $56.49.

SPDR S&P Bank ETF 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.

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

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