Bank Hapoalim BM reduced its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 41.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,390 shares of the exchange traded fund’s stock after selling 4,609 shares during the quarter. Bank Hapoalim BM’s holdings in SPDR S&P Bank ETF were worth $267,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in KBE. Tibra Equities Europe Ltd purchased a new position in SPDR S&P Bank ETF during the 1st quarter worth approximately $34,431,000. Canada Pension Plan Investment Board raised its position in SPDR S&P Bank ETF by 155.6% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,150,000 shares of the exchange traded fund’s stock worth $42,949,000 after buying an additional 700,000 shares during the last quarter. Janney Capital Management LLC purchased a new position in SPDR S&P Bank ETF during the 1st quarter worth approximately $13,403,000. Morgan Stanley raised its position in SPDR S&P Bank ETF by 5.4% during the 3rd quarter. Morgan Stanley now owns 3,121,292 shares of the exchange traded fund’s stock worth $145,361,000 after buying an additional 160,045 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new position in SPDR S&P Bank ETF during the 4th quarter worth approximately $5,507,000.

KBE opened at $43.03 on Thursday. SPDR S&P Bank ETF has a 12-month low of $34.92 and a 12-month high of $51.19.

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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.

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

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