44,417 Shares in SPDR S&P Bank ETF (NYSEARCA:KBE) Purchased by Principal Securities Inc.

Principal Securities Inc. purchased a new position in SPDR S&P Bank ETF (NYSEARCA:KBEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 44,417 shares of the exchange traded fund’s stock, valued at approximately $2,044,000. Principal Securities Inc. owned 0.13% of SPDR S&P Bank ETF at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in KBE. NBC Securities Inc. bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $46,000. CWM LLC boosted its holdings in shares of SPDR S&P Bank ETF by 34.7% in the 4th quarter. CWM LLC now owns 1,292 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 333 shares in the last quarter. Capital Investment Counsel Inc bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $72,000. Banque Cantonale Vaudoise bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $81,000. Finally, Garde Capital Inc. bought a new stake in shares of SPDR S&P Bank ETF in the 3rd quarter valued at about $101,000.

SPDR S&P Bank ETF Stock Down 0.0 %

Shares of SPDR S&P Bank ETF stock traded down $0.02 during midday trading on Friday, hitting $47.34. The company had a trading volume of 1,079,446 shares, compared to its average volume of 2,266,967. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42. The company has a fifty day simple moving average of $45.37 and a 200 day simple moving average of $43.60. SPDR S&P Bank ETF has a 12-month low of $31.96 and a 12-month high of $47.55.

About SPDR S&P Bank ETF

(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.

See Also

Institutional Ownership by Quarter for SPDR S&P Bank ETF (NYSEARCA:KBE)

Receive News & Ratings for SPDR S&P Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.