Dimension Capital Management LLC decreased its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 51.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,479 shares of the exchange traded fund’s stock after selling 5,754 shares during the quarter. Dimension Capital Management LLC’s holdings in SPDR S&P Bank ETF were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Great Lakes Advisors LLC lifted its holdings in SPDR S&P Bank ETF by 0.6% during the 2nd quarter. Great Lakes Advisors LLC now owns 15,112 shares of the exchange traded fund’s stock valued at $658,000 after buying an additional 83 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in SPDR S&P Bank ETF by 0.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 12,573 shares of the exchange traded fund’s stock valued at $547,000 after buying an additional 105 shares in the last quarter. Veritable L.P. lifted its holdings in SPDR S&P Bank ETF by 0.5% during the 2nd quarter. Veritable L.P. now owns 94,416 shares of the exchange traded fund’s stock valued at $4,109,000 after buying an additional 479 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in SPDR S&P Bank ETF by 7.5% during the 2nd quarter. D.A. Davidson & CO. now owns 12,970 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 905 shares in the last quarter. Finally, Mariner Wealth Advisors LLC lifted its holdings in SPDR S&P Bank ETF by 4.4% during the 2nd quarter. Mariner Wealth Advisors LLC now owns 22,586 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 950 shares in the last quarter.

Shares of SPDR S&P Bank ETF (NYSEARCA KBE) traded down $0.16 on Monday, reaching $47.55. 2,059,600 shares of the company were exchanged, compared to its average volume of 2,371,793. SPDR S&P Bank ETF has a one year low of $39.60 and a one year high of $48.95.

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SPDR S&P Bank ETF Company 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.

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

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