TD Waterhouse Canada Inc. Buys 9,289 Shares of SPDR S&P Bank ETF $KBE

TD Waterhouse Canada Inc. bought a new position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to its most recent filing with the SEC. The fund bought 9,289 shares of the exchange traded fund’s stock, valued at approximately $591,000.

A number of other hedge funds also recently made changes to their positions in KBE. Janney Montgomery Scott LLC boosted its holdings in shares of SPDR S&P Bank ETF by 1,944.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 334,848 shares of the exchange traded fund’s stock worth $19,940,000 after buying an additional 318,467 shares during the last quarter. MRA Advisory Group purchased a new stake in SPDR S&P Bank ETF during the third quarter worth about $7,117,000. Bank of New York Mellon Corp increased its holdings in SPDR S&P Bank ETF by 65.7% during the first quarter. Bank of New York Mellon Corp now owns 281,665 shares of the exchange traded fund’s stock worth $16,773,000 after buying an additional 111,649 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR S&P Bank ETF by 60.7% during the second quarter. Envestnet Asset Management Inc. now owns 190,106 shares of the exchange traded fund’s stock worth $12,969,000 after buying an additional 71,772 shares during the last quarter. Finally, Quantitative Investment Management LLC purchased a new stake in SPDR S&P Bank ETF during the second quarter worth about $4,791,000.

SPDR S&P Bank ETF Stock Performance

Shares of KBE stock opened at $65.83 on Friday. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 12.60 and a beta of 0.92. SPDR S&P Bank ETF has a 52 week low of $54.85 and a 52 week high of $71.92. The firm’s 50-day simple moving average is $66.37 and its two-hundred day simple moving average is $66.20.

SPDR S&P Bank ETF Company Profile