RPg Family Wealth Advisory LLC Invests $84,000 in SPDR S&P Bank ETF (NYSEARCA:KBE)

RPg Family Wealth Advisory LLC purchased a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,583 shares of the exchange traded fund’s stock, valued at approximately $84,000.

A number of other institutional investors also recently modified their holdings of KBE. Cetera Advisors LLC raised its stake in SPDR S&P Bank ETF by 252.9% during the 1st quarter. Cetera Advisors LLC now owns 20,224 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 14,493 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in SPDR S&P Bank ETF during the second quarter worth $134,000. Lynx Investment Advisory bought a new position in SPDR S&P Bank ETF during the 2nd quarter valued at $45,000. Csenge Advisory Group bought a new position in shares of SPDR S&P Bank ETF during the second quarter valued at about $779,000. Finally, SG Americas Securities LLC increased its stake in SPDR S&P Bank ETF by 0.4% in the 2nd quarter. SG Americas Securities LLC now owns 175,616 shares of the exchange traded fund’s stock valued at $8,147,000 after buying an additional 734 shares during the last quarter.

SPDR S&P Bank ETF Trading Down 0.2 %

KBE stock opened at $62.01 on Thursday. The stock’s fifty day simple moving average is $55.90 and its two-hundred day simple moving average is $51.39. The stock has a market cap of $1.82 billion, a P/E ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a 1-year low of $38.97 and a 1-year high of $63.74.

SPDR S&P Bank ETF Company 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.