Y Intercept Hong Kong Ltd Takes Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

Y Intercept Hong Kong Ltd purchased a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 18,158 shares of the exchange traded fund’s stock, valued at approximately $1,007,000. Y Intercept Hong Kong Ltd owned approximately 0.06% of SPDR S&P Bank ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wealthspire Advisors LLC purchased a new position in shares of SPDR S&P Bank ETF during the 4th quarter worth $490,000. Private Advisor Group LLC raised its position in shares of SPDR S&P Bank ETF by 1.5% during the fourth quarter. Private Advisor Group LLC now owns 35,106 shares of the exchange traded fund’s stock valued at $1,947,000 after buying an additional 529 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of SPDR S&P Bank ETF by 4,531.5% in the fourth quarter. Global Retirement Partners LLC now owns 24,084 shares of the exchange traded fund’s stock worth $1,336,000 after buying an additional 23,564 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of SPDR S&P Bank ETF during the fourth quarter worth $540,000. Finally, Pinnbrook Capital Management LP purchased a new position in SPDR S&P Bank ETF during the fourth quarter valued at $4,957,000.

SPDR S&P Bank ETF Stock Up 0.2 %

Shares of KBE stock opened at $56.46 on Friday. The company’s fifty day simple moving average is $57.17 and its two-hundred day simple moving average is $55.97. SPDR S&P Bank ETF has a 52 week low of $42.77 and a 52 week high of $63.74. The stock has a market cap of $2.67 billion, a P/E ratio of 13.73 and a beta of 1.15.

SPDR S&P Bank ETF 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.