AlphaMark Advisors LLC Has $64,000 Stock Position in SPDR S&P Bank ETF (NYSEARCA:KBE)

AlphaMark Advisors LLC decreased its stake in shares of SPDR S&P Bank ETF (NYSEARCA:KBE) by 38.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,215 shares of the exchange traded fund’s stock after selling 765 shares during the period. AlphaMark Advisors LLC’s holdings in SPDR S&P Bank ETF were worth $64,000 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. CX Institutional acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $340,000. Westwind Capital acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $1,038,000. Connective Portfolio Management LLC acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $423,000. Sovereign Financial Group Inc. acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $208,000. Finally, Park Avenue Securities LLC acquired a new position in SPDR S&P Bank ETF during the 3rd quarter valued at about $362,000.

SPDR S&P Bank ETF Trading Down 1.3 %

SPDR S&P Bank ETF stock opened at $55.62 on Friday. SPDR S&P Bank ETF has a 1 year low of $33.97 and a 1 year high of $56.41. The company has a market cap of $1.63 billion, a PE ratio of 7.86 and a beta of 1.42. The company’s 50-day moving average is $52.46 and its two-hundred day moving average is $48.90.

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.