EP Wealth Advisors LLC Has $212,000 Stock Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

EP Wealth Advisors LLC lessened its position in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 32.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,017 shares of the exchange traded fund’s stock after selling 1,916 shares during the quarter. EP Wealth Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. US Bancorp DE raised its position in shares of SPDR S&P Bank ETF by 678.9% in the 3rd quarter. US Bancorp DE now owns 740 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 645 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new stake in SPDR S&P Bank ETF during the third quarter worth approximately $84,000. Fifth Third Bancorp increased its holdings in SPDR S&P Bank ETF by 9.6% in the second quarter. Fifth Third Bancorp now owns 2,520 shares of the exchange traded fund’s stock worth $117,000 after purchasing an additional 220 shares in the last quarter. Balentine LLC acquired a new position in SPDR S&P Bank ETF in the third quarter valued at approximately $140,000. Finally, Farther Finance Advisors LLC bought a new position in shares of SPDR S&P Bank ETF during the 3rd quarter worth approximately $193,000.

SPDR S&P Bank ETF Stock Down 0.4 %

Shares of KBE stock opened at $59.08 on Friday. The firm has a 50 day moving average of $57.82 and a 200-day moving average of $52.52. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42. SPDR S&P Bank ETF has a 52 week low of $42.13 and a 52 week high of $63.74.

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.