Ladenburg Thalmann Financial Services Inc. Has $1.36 Million Stake in SPDR KBW Bank (NYSEARCA:KBE)

Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of SPDR KBW Bank (NYSEARCA:KBE) by 59.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,133 shares of the exchange traded fund’s stock after purchasing an additional 11,204 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in SPDR KBW Bank were worth $1,359,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AMP Capital Investors Ltd boosted its position in shares of SPDR KBW Bank by 354.3% during the 3rd quarter. AMP Capital Investors Ltd now owns 5,876,100 shares of the exchange traded fund’s stock worth $264,955,000 after acquiring an additional 4,582,600 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of SPDR KBW Bank by 32,481.8% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 446,370 shares of the exchange traded fund’s stock valued at $20,127,000 after purchasing an additional 445,000 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of SPDR KBW Bank by 830.5% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 275,000 shares of the exchange traded fund’s stock valued at $12,400,000 after purchasing an additional 245,446 shares during the period. Seatown Holdings Pte. Ltd. boosted its position in shares of SPDR KBW Bank by 59.0% in the 3rd quarter. Seatown Holdings Pte. Ltd. now owns 476,000 shares of the exchange traded fund’s stock valued at $21,463,000 after purchasing an additional 176,558 shares during the period. Finally, Bank Hapoalim BM boosted its position in shares of SPDR KBW Bank by 763.4% in the 3rd quarter. Bank Hapoalim BM now owns 169,807 shares of the exchange traded fund’s stock valued at $7,657,000 after purchasing an additional 150,140 shares during the period.

SPDR KBW Bank (KBE) traded up $0.66 on Wednesday, reaching $49.43. The company’s stock had a trading volume of 3,071,505 shares, compared to its average volume of 2,436,771. The stock has a market cap of $3,930.00 and a P/E ratio of 9.38. SPDR KBW Bank has a 12-month low of $39.60 and a 12-month high of $49.99.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were paid a dividend of $0.2133 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 1.73%. This is an increase from SPDR KBW Bank’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, December 15th. SPDR KBW Bank’s dividend payout ratio is 12.14%.

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SPDR KBW Bank 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.

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

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