9,115 Shares in SPDR S&P Bank ETF $KBE Acquired by North Star Asset Management Inc.

North Star Asset Management Inc. acquired a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 2nd quarter, HoldingsChannel reports. The firm acquired 9,115 shares of the exchange traded fund’s stock, valued at approximately $622,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Calton & Associates Inc. increased its position in SPDR S&P Bank ETF by 2.4% in the fourth quarter. Calton & Associates Inc. now owns 10,633 shares of the exchange traded fund’s stock worth $645,000 after buying an additional 251 shares during the last quarter. Mariner LLC lifted its position in shares of SPDR S&P Bank ETF by 1.9% during the 4th quarter. Mariner LLC now owns 13,441 shares of the exchange traded fund’s stock valued at $817,000 after buying an additional 253 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of SPDR S&P Bank ETF by 4.4% during the 4th quarter. Wealthfront Advisers LLC now owns 6,835 shares of the exchange traded fund’s stock valued at $415,000 after buying an additional 287 shares during the last quarter. Vectors Research Management LLC grew its stake in shares of SPDR S&P Bank ETF by 3.6% during the 1st quarter. Vectors Research Management LLC now owns 11,490 shares of the exchange traded fund’s stock worth $684,000 after acquiring an additional 400 shares during the period. Finally, FWL Investment Management LLC bought a new position in shares of SPDR S&P Bank ETF during the 3rd quarter worth $32,000.

SPDR S&P Bank ETF Stock Performance

Shares of KBE opened at $68.46 on Friday. SPDR S&P Bank ETF has a fifty-two week low of $54.64 and a fifty-two week high of $71.92. The business has a 50-day moving average of $69.28 and a 200 day moving average of $65.00. The firm has a market cap of $1.62 billion, a P/E ratio of 12.60 and a beta of 0.89.

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).