Investors bought shares of SPDR KBW Bank (NYSE:KBE) on weakness during trading on Tuesday. $27.93 million flowed into the stock on the tick-up and $10.79 million flowed out of the stock on the tick-down, for a money net flow of $17.14 million into the stock. Of all companies tracked, SPDR KBW Bank had the 42nd highest net in-flow for the day. SPDR KBW Bank traded down ($1.24) for the day and closed at $40.77

The firm has a 50 day moving average price of $42.57 and a 200-day moving average price of $43.01.

Institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC raised its position in shares of SPDR KBW Bank by 54.7% during the second quarter. Advisory Services Network LLC now owns 2,742 shares of the exchange traded fund’s stock valued at $119,000 after buying an additional 969 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of SPDR KBW Bank by 1.1% during 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 last quarter. IFP Advisors Inc raised its position in shares of SPDR KBW Bank by 57.3% during the second quarter. IFP Advisors Inc now owns 4,577 shares of the exchange traded fund’s stock valued at $199,000 after buying an additional 1,667 shares during the last quarter. FMR LLC bought a new stake in shares of SPDR KBW Bank during the second quarter valued at approximately $262,000. Finally, Parallel Advisors LLC raised its position in shares of SPDR KBW Bank by 42.7% during the second quarter. Parallel Advisors LLC now owns 6,470 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 1,935 shares during the last quarter.

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About SPDR KBW Bank

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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