IndexIQ Advisors LLC Lowers Holdings in SPDR S&P Bank ETF (KBE)

Share on StockTwits

IndexIQ Advisors LLC cut its position in SPDR S&P Bank ETF (NYSEARCA:KBE) by 32.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 96,060 shares of the exchange traded fund’s stock after selling 46,924 shares during the period. IndexIQ Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $4,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Morgan Stanley raised its stake in shares of SPDR S&P Bank ETF by 5.4% during the 3rd quarter. Morgan Stanley now owns 3,121,292 shares of the exchange traded fund’s stock valued at $145,361,000 after purchasing an additional 160,045 shares during the period. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P Bank ETF by 5.3% during the 3rd 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. Canada Pension Plan Investment Board raised its stake in shares of SPDR S&P Bank ETF by 155.6% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,150,000 shares of the exchange traded fund’s stock valued at $42,949,000 after purchasing an additional 700,000 shares during the period. Main Management ETF Advisors LLC raised its stake in shares of SPDR S&P Bank ETF by 6.1% during the 4th quarter. Main Management ETF Advisors LLC now owns 917,600 shares of the exchange traded fund’s stock valued at $34,272,000 after purchasing an additional 52,700 shares during the period. Finally, Tibra Equities Europe Ltd bought a new stake in shares of SPDR S&P Bank ETF during the 1st quarter valued at $34,431,000.

NYSEARCA:KBE opened at $43.03 on Thursday. SPDR S&P Bank ETF has a 52-week low of $34.92 and a 52-week high of $51.19.

ILLEGAL ACTIVITY WARNING: “IndexIQ Advisors LLC Lowers Holdings in SPDR S&P Bank ETF (KBE)” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/4343106/indexiq-advisors-llc-lowers-holdings-in-spdr-sp-bank-etf-kbe.html.

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.

Further Reading: What are Bollinger Bands?

Want to see what other hedge funds are holding KBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Bank ETF (NYSEARCA:KBE).

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

Receive News & Ratings for SPDR S&P Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

1-800-Flowers.Com Inc  Short Interest Update
1-800-Flowers.Com Inc Short Interest Update
Green Plains Partners LP  Short Interest Update
Green Plains Partners LP Short Interest Update
Short Interest in Good Times Restaurants Inc.  Rises By 6.4%
Short Interest in Good Times Restaurants Inc. Rises By 6.4%
InterDigital Wireless Inc  Short Interest Down 5.2% in June
InterDigital Wireless Inc Short Interest Down 5.2% in June
Forward Industries, Inc.  Short Interest Up 7.4% in June
Forward Industries, Inc. Short Interest Up 7.4% in June
Groupon Inc  Short Interest Down 5.6% in June
Groupon Inc Short Interest Down 5.6% in June


© 2006-2019 Ticker Report