Group One Trading LLC Has $803,000 Stock Holdings in SPDR S&P Bank ETF $KBE

Group One Trading LLC trimmed its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 46.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,489 shares of the exchange traded fund’s stock after selling 11,502 shares during the quarter. Group One Trading LLC owned 0.06% of SPDR S&P Bank ETF worth $803,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of KBE. Almanack Investment Partners LLC. acquired a new position in shares of SPDR S&P Bank ETF in the fourth quarter valued at approximately $536,000. Sanctuary Advisors LLC raised its holdings in shares of SPDR S&P Bank ETF by 32.6% during the fourth quarter. Sanctuary Advisors LLC now owns 32,903 shares of the exchange traded fund’s stock worth $1,997,000 after acquiring an additional 8,083 shares during the period. SG Americas Securities LLC raised its holdings in shares of SPDR S&P Bank ETF by 902.3% during the fourth quarter. SG Americas Securities LLC now owns 32,846 shares of the exchange traded fund’s stock worth $1,993,000 after acquiring an additional 29,569 shares during the period. Sapient Capital LLC acquired a new stake in shares of SPDR S&P Bank ETF during the fourth quarter worth $1,397,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in SPDR S&P Bank ETF in the 4th quarter valued at $1,479,000.

SPDR S&P Bank ETF Trading Down 0.3%

Shares of NYSEARCA KBE opened at $69.33 on Thursday. The firm has a market cap of $1.66 billion, a PE ratio of 12.60 and a beta of 0.89. SPDR S&P Bank ETF has a 1-year low of $54.42 and a 1-year high of $71.42. The company has a fifty day moving average price of $66.19 and a 200 day moving average price of $63.83.

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).