Oppenheimer & Co. Inc. bought a new position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,676 shares of the exchange traded fund’s stock, valued at approximately $801,000. Oppenheimer & Co. Inc. owned about 0.06% of SPDR S&P Bank ETF at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Baird Financial Group Inc. boosted its holdings in shares of SPDR S&P Bank ETF by 1.9% during the 2nd quarter. Baird Financial Group Inc. now owns 17,579 shares of the exchange traded fund’s stock worth $1,199,000 after buying an additional 327 shares during the period. Vectors Research Management LLC increased its position in SPDR S&P Bank ETF by 3.6% during the first quarter. Vectors Research Management LLC now owns 11,490 shares of the exchange traded fund’s stock worth $684,000 after acquiring an additional 400 shares during the period. CX Institutional acquired a new stake in SPDR S&P Bank ETF in the 3rd quarter worth about $28,000. Valley National Advisers Inc. acquired a new position in shares of SPDR S&P Bank ETF during the 3rd quarter worth approximately $33,000. Finally, Timbuktu Capital Management LLC acquired a new position in shares of SPDR S&P Bank ETF during the 2nd quarter worth approximately $41,000.
SPDR S&P Bank ETF Trading Down 1.0%
NYSEARCA KBE opened at $66.59 on Wednesday. The company has a 50 day moving average of $65.81 and a 200-day moving average of $65.08. SPDR S&P Bank ETF has a 1-year low of $54.85 and a 1-year high of $71.92. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 12.60 and a beta of 0.92.
SPDR S&P Bank ETF Company Profile
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