13,712 Shares in SPDR S&P Bank ETF $KBE Bought by FSA Wealth Partners Inc.

FSA Wealth Partners Inc. bought a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,712 shares of the exchange traded fund’s stock, valued at approximately $815,000.

Other institutional investors also recently bought and sold shares of the company. Wagner Wealth Management LLC acquired a new position in shares of SPDR S&P Bank ETF during the 3rd quarter worth about $29,000. Ameritas Advisory Services LLC purchased a new stake in SPDR S&P Bank ETF during the second quarter worth approximately $35,000. HHM Wealth Advisors LLC lifted its stake in SPDR S&P Bank ETF by 3,886.4% during the third quarter. HHM Wealth Advisors LLC now owns 877 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 855 shares during the last quarter. CWM LLC boosted its holdings in SPDR S&P Bank ETF by 42.2% in the third quarter. CWM LLC now owns 1,348 shares of the exchange traded fund’s stock valued at $80,000 after purchasing an additional 400 shares in the last quarter. Finally, CoreCap Advisors LLC increased its stake in SPDR S&P Bank ETF by 54.4% in the third quarter. CoreCap Advisors LLC now owns 1,768 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 623 shares during the last quarter.

SPDR S&P Bank ETF Trading Down 0.7%

KBE stock opened at $63.57 on Friday. The stock has a market cap of $1.52 billion, a P/E ratio of 12.60 and a beta of 0.97. SPDR S&P Bank ETF has a twelve month low of $44.34 and a twelve month high of $65.82. The company’s 50 day moving average is $61.92 and its two-hundred day moving average is $59.63.

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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS).