Cambridge Investment Research Advisors Inc. Grows Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Cambridge Investment Research Advisors Inc. raised its holdings in SPDR S&P Bank ETF (NYSEARCA:KBEGet Rating) by 6.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,950 shares of the exchange traded fund’s stock after purchasing an additional 975 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in SPDR S&P Bank ETF were worth $706,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in SPDR S&P Bank ETF by 99.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,638,911 shares of the exchange traded fund’s stock worth $203,555,000 after purchasing an additional 2,315,330 shares in the last quarter. Bank of America Corp DE boosted its position in shares of SPDR S&P Bank ETF by 50.6% in the first quarter. Bank of America Corp DE now owns 1,982,922 shares of the exchange traded fund’s stock valued at $103,807,000 after acquiring an additional 666,652 shares during the period. Twin Tree Management LP grew its stake in SPDR S&P Bank ETF by 160.1% during the second quarter. Twin Tree Management LP now owns 196,906 shares of the exchange traded fund’s stock valued at $8,640,000 after acquiring an additional 524,698 shares in the last quarter. Captrust Financial Advisors increased its holdings in SPDR S&P Bank ETF by 493.3% during the 2nd quarter. Captrust Financial Advisors now owns 300,870 shares of the exchange traded fund’s stock worth $13,202,000 after acquiring an additional 250,161 shares during the period. Finally, Mirabella Financial Services LLP purchased a new stake in SPDR S&P Bank ETF in the 1st quarter worth approximately $3,893,000.

SPDR S&P Bank ETF Stock Performance

SPDR S&P Bank ETF stock opened at $46.25 on Monday. The business has a 50-day simple moving average of $46.94 and a 200 day simple moving average of $47.02. SPDR S&P Bank ETF has a 52 week low of $42.57 and a 52 week high of $60.60.

About SPDR S&P Bank ETF

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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.

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

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