SPDR S&P Bank ETF $KBE Shares Acquired by IMC Chicago LLC

IMC Chicago LLC increased its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 43.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 36,834 shares of the exchange traded fund’s stock after purchasing an additional 11,212 shares during the period. IMC Chicago LLC’s holdings in SPDR S&P Bank ETF were worth $2,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of KBE. FWL Investment Management LLC acquired a new position in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $32,000. Advocate Investing Services LLC bought a new position in shares of SPDR S&P Bank ETF during the fourth quarter valued at approximately $43,000. Camelot Portfolios LLC acquired a new stake in shares of SPDR S&P Bank ETF during the 4th quarter worth approximately $50,000. EFG International AG acquired a new stake in shares of SPDR S&P Bank ETF during the 4th quarter worth approximately $76,000. Finally, Capital Investment Counsel Inc bought a new stake in shares of SPDR S&P Bank ETF in the 4th quarter worth approximately $86,000.

SPDR S&P Bank ETF Price Performance

NYSEARCA:KBE opened at $69.59 on Thursday. SPDR S&P Bank ETF has a 12-month low of $54.42 and a 12-month high of $69.93. The firm has a market capitalization of $1.55 billion, a P/E ratio of 12.60 and a beta of 0.89. The business has a 50 day simple moving average of $65.50 and a 200 day simple moving average of $63.53.

SPDR S&P Bank ETF Profile

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).