SPDR S&P Bank ETF (KBE) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $68.52 to $69.43
• 50-Day Range: $66.95 to $71.67
• 52-Week Range: $54.64 to $71.92
• Volume: 1.00 million shs
• Average Volume: 2.01 million shs
• Market Capitalization: $1.64 billion
• Assets Under Management: $1.59 billion
• Dividend Yield: 2.11%
• Net Expense Ratio: 0.35%
• Aggregate Rating: Moderate Buy

Fund Details

• Issuer: SSgA
• Fund Name: SPDR S&P Bank ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:KBE
• Inception Date: 11/8/2005
• Fund Manager: Michael Feehily, Karl Schneider, Lisa Hobart
• Previous Symbol: NYSE:KBE
• Web: www.spdrs.com
• Phone: +1-617-6644738

Fund Focus

• Asset Class: Equity
• Benchmark: S&P Banks Select Industry Index
• Category: Sector
• Focus: Financials
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 108

Fund Statistics

• Assets Under Management: $1.59 billion
• Average Daily Volume: $1.30 million
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: State Street Global Advisors Funds Management, Inc.
• Advisor: SSgA Funds Management, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: State Street Global Advisors Funds Distributors, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 27
• Put Options: 12
• Call Options: 15
• Short Interest: 16,188,765 shs

Miscellaneous

• Outstanding Shares: 23,700,000
• Beta: 0.88
• Creation Unit: 50,000
• Creation Fee: $250.00