16,784 Shares in SPDR S&P Bank ETF (NYSEARCA:KBE) Acquired by Csenge Advisory Group

Csenge Advisory Group purchased a new position in SPDR S&P Bank ETF (NYSEARCA:KBE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 16,784 shares of the exchange traded fund’s stock, valued at approximately $779,000. Csenge Advisory Group owned about 0.06% of SPDR S&P Bank ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of KBE. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of SPDR S&P Bank ETF during the fourth quarter valued at $35,896,000. Wells Fargo & Company MN increased its holdings in shares of SPDR S&P Bank ETF by 31.9% in the 4th quarter. Wells Fargo & Company MN now owns 454,954 shares of the exchange traded fund’s stock valued at $20,937,000 after purchasing an additional 110,131 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of SPDR S&P Bank ETF in the fourth quarter worth approximately $13,806,000. ProVise Management Group LLC boosted its holdings in shares of SPDR S&P Bank ETF by 9.2% during the first quarter. ProVise Management Group LLC now owns 184,841 shares of the exchange traded fund’s stock worth $8,706,000 after purchasing an additional 15,555 shares during the period. Finally, BNP Paribas Financial Markets grew its position in 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 valued at $7,835,000 after purchasing an additional 140,601 shares in the last quarter.

SPDR S&P Bank ETF Stock Performance

SPDR S&P Bank ETF stock opened at $49.47 on Friday. The firm’s 50 day moving average price is $47.87 and its two-hundred day moving average price is $46.19. The firm has a market cap of $1.45 billion, a PE ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a twelve month low of $33.97 and a twelve month high of $55.04.

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.