SPDR S&P Bank ETF (NYSEARCA:KBE) Hits New 1-Year High – Here’s What Happened

Posted by Jeff Wilder on Feb 4th, 2026

SPDR S&P Bank ETF (NYSEARCA:KBE – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $66.66 and last traded at $66.2310, with a volume of 195801 shares. The stock had previously closed at $65.23.

SPDR S&P Bank ETF Trading Up 2.0%

The stock has a market cap of $1.60 billion, a P/E ratio of 12.60 and a beta of 0.97. The firm’s fifty day moving average is $62.17 and its 200 day moving average is $59.74.

Institutional Trading of SPDR S&P Bank ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KBE. International Assets Investment Management LLC acquired a new position in shares of SPDR S&P Bank ETF during the fourth quarter worth approximately $88,000. Truist Financial Corp increased its position in SPDR S&P Bank ETF by 55.3% during the fourth quarter. Truist Financial Corp now owns 16,803 shares of the exchange traded fund’s stock worth $1,020,000 after acquiring an additional 5,983 shares during the period. Oppenheimer & Co. Inc. increased its position in SPDR S&P Bank ETF by 28.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,532 shares of the exchange traded fund’s stock worth $1,367,000 after acquiring an additional 5,038 shares during the period. RCW Management LLC acquired a new stake in SPDR S&P Bank ETF in the 4th quarter worth $451,000. Finally, Wealthfront Advisers LLC grew its position in SPDR S&P Bank ETF by 4.4% in the 4th quarter. Wealthfront Advisers LLC now owns 6,835 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 287 shares during the last quarter.

SPDR S&P Bank ETF Company Profile

(Get Free Report)

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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS).