HL Financial Services LLC raised its position in SPDR KBW Bank (NYSE:KBE) by 3.0% during the second quarter, Holdings Channel reports. The firm owned 27,278 shares of the exchange traded fund’s stock after buying an additional 793 shares during the period. HL Financial Services LLC’s holdings in SPDR KBW Bank were worth $1,187,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. TD Asset Management Inc. boosted its stake in shares of SPDR KBW Bank by 1.8% in the second 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 during the period. Palisade Capital Management LLC NJ boosted its stake in shares of SPDR KBW Bank by 80.0% in the second quarter. Palisade Capital Management LLC NJ now owns 9,000 shares of the exchange traded fund’s stock worth $392,000 after buying an additional 4,000 shares during the period. Chicago Partners Investment Group LLC boosted its stake in shares of SPDR KBW Bank by 3,439.8% in the second quarter. Chicago Partners Investment Group LLC now owns 20,000 shares of the exchange traded fund’s stock worth $870,000 after buying an additional 19,435 shares during the period. IFP Advisors Inc boosted its stake in shares of SPDR KBW Bank by 57.3% in the second quarter. IFP Advisors Inc now owns 4,577 shares of the exchange traded fund’s stock worth $199,000 after buying an additional 1,667 shares during the period. Finally, Seatown Holdings Pte. Ltd. boosted its stake in shares of SPDR KBW Bank by 76.7% in the second 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 during the period.

Shares of SPDR KBW Bank (NYSE KBE) opened at 42.11 on Friday. The firm has a 50-day moving average of $43.47 and a 200-day moving average of $43.33. SPDR KBW Bank has a one year low of $32.05 and a one year high of $47.00.

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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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