9,115 Shares in SPDR S&P Bank ETF $KBE Bought by North Star Asset Management Inc.

North Star Asset Management Inc. purchased a new stake in SPDR S&P Bank ETF (NYSEARCA:KBE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,115 shares of the exchange traded fund’s stock, valued at approximately $622,000.

A number of other hedge funds have also recently bought and sold shares of KBE. MRA Advisory Group raised its holdings in shares of SPDR S&P Bank ETF by 4.9% in the second quarter. MRA Advisory Group now owns 112,634 shares of the exchange traded fund’s stock valued at $7,684,000 after purchasing an additional 5,234 shares during the last quarter. CX Institutional boosted its stake in shares of SPDR S&P Bank ETF by 1,788.5% in the 2nd quarter. CX Institutional now owns 9,178 shares of the exchange traded fund’s stock worth $626,000 after buying an additional 8,692 shares during the last quarter. SummitTX Capital L.P. bought a new stake in SPDR S&P Bank ETF during the first quarter worth $1,038,000. Renaissance Technologies LLC purchased a new position in SPDR S&P Bank ETF in the first quarter worth $2,090,000. Finally, Bank of Nova Scotia purchased a new position in SPDR S&P Bank ETF in the first quarter worth $238,000.

SPDR S&P Bank ETF Price Performance

Shares of SPDR S&P Bank ETF stock opened at $68.46 on Friday. SPDR S&P Bank ETF has a 1 year low of $54.64 and a 1 year high of $71.92. The firm has a market cap of $1.62 billion, a PE ratio of 12.60 and a beta of 0.89. The stock has a fifty day moving average price of $69.28 and a 200-day moving average price of $65.00.

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).