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. The S&P Banks Select Industry Index consists of common stocks of national money centers and regional banks or thrifts listed on the New York Stock Exchange (NYSE) or another United States national securities exchange, (NASDAQ)/National Market System (NMS). The Fund invests all, but at least 80%, of its total assets in the securities consisting of the Index. In addition, the Fund may invest in equity securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents. SSgA Funds Management, Inc. (SSgA FM) serves as the investment adviser to the Fund.
Basic Details
Issuer SSgA
Fund NameSPDR S&P Bank ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:KBE
Inception Date11/8/2005
Fund ManagerMichael Feehily, Karl Schneider, Lisa Hobart
Phone+1-617-6644738
Fund Focus
Asset ClassEquity
BenchmarkS&P Banks Select Industry TR USD
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$4.12 billion
Average Daily Volume$1.74 million
Discount/Premium1.57%
ETF Expenses
Management Fee0.35%
Other Expenses0.00%
Total Expenses0.35%
Fee Waiver0.00%
Net Expenses0.35%
Administrator, Advisor and Custodian
AdministratorSSGA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial
SPDR S&P Bank ETF (NYSEARCA:KBE) Frequently Asked Questions
What is SPDR S&P Bank ETF's stock symbol?
SPDR S&P Bank ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "KBE."
How often does SPDR S&P Bank ETF pay dividends? What is the dividend yield for SPDR S&P Bank ETF?
SPDR S&P Bank ETF declared a quarterly dividend on Monday, June 18th. Stockholders of record on Monday, June 18th will be paid a dividend of $0.1697 per share on Wednesday, June 20th. This represents a $0.68 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Friday, June 15th. This is a boost from SPDR S&P Bank ETF's previous quarterly dividend of $0.16. View SPDR S&P Bank ETF's Dividend History.
What is the consensus analysts' recommendation for SPDR S&P Bank ETF?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR S&P Bank ETF in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Who are SPDR S&P Bank ETF's key executives?
SPDR S&P Bank ETF's management team includes the folowing people:
- James E. Ross, President, Trustee of StreetTracks series trust (Age 52)
- Peter A. Ambrosini, Chief Compliance Officer of street tracks series trust (Age 69)
- Michael P. Riley, Vice President of street tracks series trust (Age 44)
- Gary L. French, Treasurer of street tracks series trust (Age 64)
- John W. Clark, Assistant Treasurer of street tracks series trust (Age 46)
- Matthew W. Flaherty, Assistant Treasurer of street tracks series trust (Age 42)
- Chad C. Hallett, Assistant Treasurer of Street tracks series trust (Age 47)
- Mary Moran Zeven, Secretary of street tracks series trust (Age 52)
- Scott M. Zoltowski, Assistant Secretary of street tracks series trust (Age 44)
- David M Kelly, Independent Trustee of street tracks series trust (Age 76)
Has SPDR S&P Bank ETF been receiving favorable news coverage?
News articles about KBE stock have trended very positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SPDR S&P Bank ETF earned a media sentiment score of 0.55 on Accern's scale. They also gave media headlines about the exchange traded fund an impact score of 46.23 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are SPDR S&P Bank ETF's major shareholders?
SPDR S&P Bank ETF's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vigilant Capital Management LLC (0.65%), Bank of Montreal Can (0.15%), Winfield Associates Inc. (0.07%), Crescent Grove Advisors LLC (0.06%), Private Asset Management Inc. (0.01%) and First American Trust FSB (0.01%). View Institutional Ownership Trends for SPDR S&P Bank ETF.
Which major investors are selling SPDR S&P Bank ETF stock?
Which major investors are buying SPDR S&P Bank ETF stock?
KBE stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Crescent Grove Advisors LLC, Private Asset Management Inc., First American Trust FSB and Vigilant Capital Management LLC. View Insider Buying and Selling for SPDR S&P Bank ETF.
How do I buy shares of SPDR S&P Bank ETF?
Shares of KBE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SPDR S&P Bank ETF's stock price today?
One share of KBE stock can currently be purchased for approximately $48.67.
How big of a company is SPDR S&P Bank ETF?
SPDR S&P Bank ETF has a market capitalization of $4.29 billion.
How can I contact SPDR S&P Bank ETF?
SPDR S&P Bank ETF's mailing address is State Street Financial Center One Lincoln Street, BOSTON, MA 02111, United States. The exchange traded fund can be reached via phone at +1-617-6644738.
MarketBeat Community Rating for SPDR S&P Bank ETF (NYSEARCA KBE)
MarketBeat's community ratings are surveys of what our community members think about SPDR S&P Bank ETF and other stocks. Vote "Outperform" if you believe KBE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KBE will underperform the S&P 500 over the long term. You may vote once every thirty days.
