SPDR S&P Bank ETF (NYSEARCA:KBE) Hits New 1-Year High – Here’s What Happened

Posted by ABMN Staff on Jun 27th, 2026

SPDR S&P Bank ETF (NYSEARCA:KBE – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $68.11 and last traded at $68.00, with a volume of 166781 shares. The stock had previously closed at $67.49.

SPDR S&P Bank ETF Trading Up 0.3%

The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 12.60 and a beta of 0.90. The stock has a 50-day moving average of $64.33 and a 200-day moving average of $62.93.

Hedge Funds Weigh In On SPDR S&P Bank ETF

Several hedge funds have recently modified their holdings of the company. SummitTX Capital L.P. acquired a new position in SPDR S&P Bank ETF during the first quarter worth about $1,038,000. Renaissance Technologies LLC acquired a new stake in SPDR S&P Bank ETF in the 1st quarter valued at about $2,090,000. Bank of Nova Scotia bought a new position in shares of SPDR S&P Bank ETF during the 1st quarter valued at about $238,000. MWA Asset Management acquired a new position in shares of SPDR S&P Bank ETF in the 1st quarter worth approximately $56,000. Finally, Cetera Investment Advisers raised its holdings in shares of SPDR S&P Bank ETF by 7.6% in the 1st quarter. Cetera Investment Advisers now owns 50,312 shares of the exchange traded fund’s stock worth $2,996,000 after purchasing an additional 3,566 shares in the last quarter.

SPDR S&P Bank ETF Company Profile

(Get 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. 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).