Summary
KBE Chart
Is State Street SPDR S&P Bank ETF (KBE) a Strong ETF Right Now?
Launched on 11/08/2005, the State Street SPDR S&P Bank ETF (KBE) is a smart beta exchange traded fund offering broad exposure to the Financials ETFs category of the market.
Should You Invest in the State Street SPDR S&P Bank ETF (KBE)?
The State Street SPDR S&P Bank ETF (KBE) was launched on November 8, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Banking segment of the equity market.
US banks look for new bill of health from Fed stress tests
Financial markets will gain a fresh glimpse into the overall health of the largest U.S. banks on Wednesday when the Federal Reserve releases the results of its latest stress test.
SPDR S&P Bank ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1,365 | $72,211.33 | $95,201.92 | $22,990.59 | 31.84% |
| WH William Herlihy RESOURCES MANAGEMENT Corp. /CT/ /ADV | 100 | $5,942 | $6,974.5 | $1,032.5 | 17.38% |
| SAO Sherry A. O'Brien Anderson Hoagland & Co | 4,980 | $278,114.88 | $347,330.1 | $69,215.22 | 24.89% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,538 | $73,827.08 | $107,221.67 | $33,394.59 | 45.23% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 10,421 | $582,252.36 | $726,812.64 | $144,560.28 | 24.83% |
SPDR S&P Bank ETF (KBE) FAQ
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Does it pay dividends? What is the current yield?
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Has SPDR S&P Bank ETF ever had a stock split?
SPDR S&P Bank ETF Profile
| ARCA Exchange | US Country |
Overview
This fund primarily focuses on investing in the securities that make up the index representative of the banks segment of the S&P Total Market Index (S&P TMI). The S&P TMI aims to provide a comprehensive reflection of the broad U.S. equity market. Adhering to a strategy where at least 80% of its total assets are allocated towards the securities within the index, the fund commits to a substantial investment in the banking sector. While the core of its investments is in securities comprising the index, the fund retains the flexibility to invest in equity securities not included in the index, as well as in cash equivalents and money market instruments. These financial instruments include repurchase agreements and money market funds, which can offer liquidity and stability to the fund’s portfolio.
Products and Services
- Index Securities Investment
- Equity Securities Investment
- Cash and Cash Equivalents Investment
The primary service offered by the fund involves investing substantially all its resources, but at minimum 80%, into the securities that form the index. This dedication to the bank sector of the S&P TMI facilitates focused growth and specialized investment in the U.S. equity market.
Beyond its primary focus on index securities, the fund has the latitude to diversify its investments into equity securities that are not part of the index. This strategy enhances the fund's flexibility and potential to tap into opportunities beyond the banking sector within the broader market.
As part of its liquidity management, the fund invests in cash and cash equivalents. This includes money market instruments like repurchase agreements and money market funds, which provide the fund with the necessary liquidity for operations and potential short-term investment opportunities.
