SPDR KBW Bank (KBE) is Marshall & Sullivan Inc. WA’s 2nd Largest Position

Marshall & Sullivan Inc. WA increased its position in SPDR KBW Bank (NYSEARCA:KBE) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 195,099 shares of the exchange traded fund’s stock after acquiring an additional 1,675 shares during the period. SPDR KBW Bank comprises approximately 7.4% of Marshall & Sullivan Inc. WA’s portfolio, making the stock its 2nd largest holding. Marshall & Sullivan Inc. WA’s holdings in SPDR KBW Bank were worth $9,236,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in KBE. AMP Capital Investors Ltd increased its position in SPDR KBW Bank by 354.3% in the third quarter. AMP Capital Investors Ltd now owns 5,876,100 shares of the exchange traded fund’s stock worth $264,955,000 after purchasing an additional 4,582,600 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in SPDR KBW Bank by 32,481.8% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 446,370 shares of the exchange traded fund’s stock worth $20,127,000 after purchasing an additional 445,000 shares during the period. Cadinha & Co. LLC acquired a new stake in SPDR KBW Bank in the fourth quarter worth about $12,841,000. BNP Paribas Arbitrage SA increased its position in SPDR KBW Bank by 830.5% in the third quarter. BNP Paribas Arbitrage SA now owns 275,000 shares of the exchange traded fund’s stock worth $12,400,000 after purchasing an additional 245,446 shares during the period. Finally, Seatown Holdings Pte. Ltd. increased its position in SPDR KBW Bank by 59.0% in the third quarter. Seatown Holdings Pte. Ltd. now owns 476,000 shares of the exchange traded fund’s stock worth $21,463,000 after purchasing an additional 176,558 shares during the period.

Shares of SPDR KBW Bank (NYSEARCA:KBE) opened at $50.54 on Monday. The company has a market capitalization of $4,400.00 and a PE ratio of 9.59. SPDR KBW Bank has a 12-month low of $39.60 and a 12-month high of $51.58.

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About SPDR KBW Bank

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.

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

Institutional Ownership by Quarter for SPDR KBW Bank (NYSEARCA:KBE)

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