13,259 Shares in SPDR S&P Bank ETF $KBE Bought by Keystone Wealth Services LLC

Keystone Wealth Services LLC bought a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,259 shares of the exchange traded fund’s stock, valued at approximately $788,000. Keystone Wealth Services LLC owned about 0.05% of SPDR S&P Bank ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC purchased a new position in shares of SPDR S&P Bank ETF in the 3rd quarter worth about $29,000. Ameritas Advisory Services LLC acquired a new stake in SPDR S&P Bank ETF during the 2nd quarter worth approximately $35,000. CWM LLC increased its position in SPDR S&P Bank ETF by 42.2% during the 3rd quarter. CWM LLC now owns 1,348 shares of the exchange traded fund’s stock worth $80,000 after purchasing an additional 400 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in SPDR S&P Bank ETF by 24.9% during the second quarter. TD Waterhouse Canada Inc. now owns 3,509 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 700 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in SPDR S&P Bank ETF during the second quarter worth approximately $203,000.

SPDR S&P Bank ETF Trading Up 2.0%

Shares of KBE stock opened at $62.41 on Tuesday. The company has a market cap of $1.37 billion, a PE ratio of 12.60 and a beta of 0.97. The company’s fifty day simple moving average is $59.52 and its 200-day simple moving average is $58.81. SPDR S&P Bank ETF has a 52 week low of $44.34 and a 52 week high of $63.28.

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. 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).