Vima LLC Has $600,000 Stock Holdings in SPDR S&P Bank ETF (NYSEARCA:KBE)

Vima LLC lessened its stake in SPDR S&P Bank ETF (NYSEARCA:KBE) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,352 shares of the exchange traded fund’s stock after selling 522 shares during the quarter. SPDR S&P Bank ETF accounts for about 1.2% of Vima LLC’s holdings, making the stock its 29th biggest position. Vima LLC’s holdings in SPDR S&P Bank ETF were worth $600,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Advisor Resource Council acquired a new position in shares of SPDR S&P Bank ETF during the 1st quarter worth $227,000. Commonwealth Equity Services LLC grew its stake in SPDR S&P Bank ETF by 8.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 28,495 shares of the exchange traded fund’s stock valued at $1,342,000 after buying an additional 2,156 shares during the last quarter. BNP Paribas Financial Markets grew its stake in SPDR S&P Bank ETF by 546.0% in the 1st quarter. BNP Paribas Financial Markets now owns 166,353 shares of the exchange traded fund’s stock valued at $7,835,000 after buying an additional 140,601 shares during the last quarter. Quantbot Technologies LP acquired a new position in SPDR S&P Bank ETF in the 1st quarter valued at $518,000. Finally, ProVise Management Group LLC grew its stake in SPDR S&P Bank ETF by 9.2% in the 1st quarter. ProVise Management Group LLC now owns 184,841 shares of the exchange traded fund’s stock valued at $8,706,000 after buying an additional 15,555 shares during the last quarter.

SPDR S&P Bank ETF Stock Up 2.2 %

SPDR S&P Bank ETF stock traded up $1.16 during mid-day trading on Monday, reaching $54.90. The company had a trading volume of 607,352 shares, compared to its average volume of 1,975,357. SPDR S&P Bank ETF has a 52 week low of $34.69 and a 52 week high of $56.41. The company has a 50 day moving average of $52.90 and a 200-day moving average of $49.20. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 7.86 and a beta of 1.42.

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.