SPDR S&P Bank ETF (NYSEARCA:KBE) Stake Lowered by Chartist Inc. CA

Chartist Inc. CA cut its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 2.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 15,514 shares of the exchange traded fund’s stock after selling 428 shares during the period. SPDR S&P Bank ETF comprises about 0.5% of Chartist Inc. CA’s holdings, making the stock its 14th biggest holding. Chartist Inc. CA’s holdings in SPDR S&P Bank ETF were worth $648,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Bank ETF by 5.3% in the third quarter. JPMorgan Chase & Co. now owns 2,345,702 shares of the exchange traded fund’s stock valued at $109,239,000 after purchasing an additional 117,129 shares during the period. Morgan Stanley boosted its stake in shares of SPDR S&P Bank ETF by 5.4% in the 3rd quarter. Morgan Stanley now owns 3,121,292 shares of the exchange traded fund’s stock worth $145,361,000 after buying an additional 160,045 shares during the last quarter. Winslow Evans & Crocker Inc. purchased a new position in shares of SPDR S&P Bank ETF in the 4th quarter worth approximately $244,000. SOL Capital Management CO boosted its stake in shares of SPDR S&P Bank ETF by 50.4% in the 4th quarter. SOL Capital Management CO now owns 20,522 shares of the exchange traded fund’s stock worth $766,000 after buying an additional 6,880 shares during the last quarter. Finally, Meritage Portfolio Management boosted its stake in shares of SPDR S&P Bank ETF by 60.3% in the 4th quarter. Meritage Portfolio Management now owns 234,571 shares of the exchange traded fund’s stock worth $8,761,000 after buying an additional 88,229 shares during the last quarter.

Shares of NYSEARCA KBE traded up $0.09 during midday trading on Friday, reaching $42.79. The company’s stock had a trading volume of 1,287,100 shares, compared to its average volume of 2,742,747. SPDR S&P Bank ETF has a 12-month low of $34.92 and a 12-month high of $50.40.

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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.

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

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