Capital Investment Counsel Inc Sells 467 Shares of SPDR S&P Bank ETF (NYSEARCA:KBE)

Capital Investment Counsel Inc lowered its holdings in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 19.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,961 shares of the exchange traded fund’s stock after selling 467 shares during the period. Capital Investment Counsel Inc’s holdings in SPDR S&P Bank ETF were worth $104,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of KBE. Calton & Associates Inc. grew its holdings in SPDR S&P Bank ETF by 20.3% during the first quarter. Calton & Associates Inc. now owns 13,188 shares of the exchange traded fund’s stock worth $621,000 after purchasing an additional 2,221 shares during the period. Advisor Resource Council bought a new stake in shares of SPDR S&P Bank ETF during the first quarter worth approximately $227,000. Commonwealth Equity Services LLC boosted its holdings in shares of SPDR S&P Bank ETF by 8.2% during the first quarter. Commonwealth Equity Services LLC now owns 28,495 shares of the exchange traded fund’s stock worth $1,342,000 after acquiring an additional 2,156 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of SPDR S&P Bank ETF by 546.0% during the first quarter. BNP Paribas Financial Markets now owns 166,353 shares of the exchange traded fund’s stock worth $7,835,000 after acquiring an additional 140,601 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of SPDR S&P Bank ETF during the first quarter worth approximately $518,000.

SPDR S&P Bank ETF Stock Down 0.1 %

Shares of NYSEARCA:KBE opened at $54.49 on Thursday. SPDR S&P Bank ETF has a 12-month low of $33.97 and a 12-month high of $56.41. The stock has a market cap of $1.60 billion, a PE ratio of 7.86 and a beta of 1.42. The business has a 50 day moving average of $52.77 and a 200-day moving average of $49.09.

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.