Chicago Partners Investment Group LLC boosted its stake in shares of SPDR KBW Bank (NYSE:KBE) by 3,439.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,000 shares of the exchange traded fund’s stock after buying an additional 19,435 shares during the period. Chicago Partners Investment Group LLC’s holdings in SPDR KBW Bank were worth $870,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Puplava Financial Services Inc. purchased a new stake in SPDR KBW Bank during the second quarter valued at about $292,000. Meritage Portfolio Management purchased a new stake in SPDR KBW Bank during the second quarter valued at about $6,219,000. First Heartland Consultants Inc. increased its stake in SPDR KBW Bank by 0.7% in the second quarter. First Heartland Consultants Inc. now owns 8,753 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 65 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in SPDR KBW Bank by 1.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,138 shares of the exchange traded fund’s stock valued at $180,000 after buying an additional 47 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in SPDR KBW Bank by 15.5% in the second quarter. Janney Montgomery Scott LLC now owns 10,204 shares of the exchange traded fund’s stock valued at $444,000 after buying an additional 1,369 shares during the period.

Shares of SPDR KBW Bank (NYSE KBE) opened at 43.82 on Friday. The company has a 50-day moving average price of $43.50 and a 200 day moving average price of $43.31. SPDR KBW Bank has a 1-year low of $31.22 and a 1-year high of $46.99.

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SPDR KBW Bank 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.

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Institutional Ownership by Quarter for SPDR KBW Bank (NYSE:KBE)

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