Fmr LLC purchased a new position in shares of SPDR S&P Bank ETF (NYSE:KBE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,011 shares of the exchange traded fund’s stock, valued at approximately $262,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Symphony Asset Management LLC raised its position in shares of SPDR S&P Bank ETF by 30.8% during the 2nd quarter. Symphony Asset Management LLC now owns 598,060 shares of the exchange traded fund’s stock worth $26,028,000 after buying an additional 140,900 shares in the last quarter. TD Asset Management Inc. raised its position in shares of SPDR S&P Bank ETF by 1.8% during the 2nd quarter. TD Asset Management Inc. now owns 460,000 shares of the exchange traded fund’s stock worth $20,019,000 after buying an additional 8,000 shares in the last quarter. Seatown Holdings Pte. Ltd. raised its position in shares of SPDR S&P Bank ETF by 76.7% during the 2nd quarter. Seatown Holdings Pte. Ltd. now owns 299,442 shares of the exchange traded fund’s stock worth $13,032,000 after buying an additional 130,000 shares in the last quarter. Meritage Portfolio Management bought a new stake in shares of SPDR S&P Bank ETF during the 2nd quarter worth about $6,219,000. Finally, Lockheed Martin Investment Management Co. bought a new stake in shares of SPDR S&P Bank ETF during the 2nd quarter worth about $4,983,000.

Shares of SPDR S&P Bank ETF (NYSE KBE) opened at $43.68 on Monday. SPDR S&P Bank ETF has a 52-week low of $37.29 and a 52-week high of $46.99.

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About SPDR S&P Bank ETF

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.

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

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