Chicago Partners Investment Group LLC lowered its position in shares of SPDR KBW Bank (NYSEARCA:KBE) by 47.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,565 shares of the exchange traded fund’s stock after selling 9,435 shares during the period. Chicago Partners Investment Group LLC’s holdings in SPDR KBW Bank were worth $476,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of KBE. Advisory Services Network LLC raised its stake 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 purchasing an additional 969 shares during the period. IFP Advisors Inc raised its stake 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 purchasing an additional 1,667 shares during the period. Boston Advisors LLC purchased a new stake in shares of SPDR KBW Bank during the third quarter valued at approximately $210,000. LGL Partners LLC purchased a new stake in shares of SPDR KBW Bank during the third quarter valued at approximately $233,000. Finally, FMR LLC purchased a new stake in shares of SPDR KBW Bank during the second quarter valued at approximately $262,000.

SPDR KBW Bank (NYSEARCA:KBE) traded up $0.60 on Friday, hitting $47.39. 4,000,085 shares of the stock were exchanged, compared to its average volume of 2,379,940. SPDR KBW Bank has a 12 month low of $39.60 and a 12 month high of $48.95.

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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.

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

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