Quantbot Technologies LP Takes $1.12 Million Position in SPDR S&P Bank ETF $KBE

Quantbot Technologies LP acquired a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,093 shares of the exchange traded fund’s stock, valued at approximately $1,120,000. Quantbot Technologies LP owned about 0.07% of SPDR S&P Bank ETF at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in SPDR S&P Bank ETF during the 2nd quarter worth approximately $35,000. US Bancorp DE lifted its holdings in shares of SPDR S&P Bank ETF by 43.9% during the first quarter. US Bancorp DE now owns 1,065 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 325 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of SPDR S&P Bank ETF by 24.9% during the second quarter. TD Waterhouse Canada Inc. now owns 3,509 shares of the exchange traded fund’s stock worth $201,000 after purchasing an additional 700 shares during the period. HB Wealth Management LLC bought a new stake in shares of SPDR S&P Bank ETF in the second quarter worth $203,000. Finally, XTX Topco Ltd acquired a new stake in SPDR S&P Bank ETF in the first quarter valued at $204,000.

SPDR S&P Bank ETF Stock Up 0.2%

Shares of NYSEARCA:KBE opened at $60.42 on Tuesday. The firm has a market cap of $1.45 billion, a P/E ratio of 12.60 and a beta of 0.97. SPDR S&P Bank ETF has a 12-month low of $44.34 and a 12-month high of $62.44. The business has a fifty day simple moving average of $57.90 and a 200 day simple moving average of $57.60.

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.