KBE - SPDR S&P Bank ETF
| Assets | $3.84B |
| NAV | $50.72 |
| Expense Ratio | 0.35% |
| PE Ratio | 14.15 |
| Beta (5Y) | 1.43 |
| Dividend (ttm) | $1.18 |
| Dividend Yield | 2.32% |
| Ex-Dividend Date | Mar 22, 2021 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $51.87 |
| Previous Close | $50.76 |
| Change ($) | 1.11 |
| Change (%) | 2.19% |
| Day's Open | 50.64 |
| Day's Range | 50.22 - 51.96 |
| Day's Volume | 2,105,254 |
| 52-Week Range | 24.03 - 56.16 |
Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Banks Select Industry Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index tracks the performance of publicly traded national money centers and leading regional banks. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds.
| Asset Class Equity | Sector Financial Services |
| Region North America | Inception Date Nov 8, 2005 |
| Exchange NYSEARCA | Ticker Symbol KBE |
| Index Tracked S&P Banks Select Industry Index | |
Top 10 Holdings
15.61% of assets| Name | Symbol | Weight |
|---|---|---|
| MGIC Investment | MTG | 1.62% |
| Essent Group | ESNT | 1.61% |
| Wells Fargo | WFC | 1.61% |
| Northern Trust | NTRS | 1.59% |
| Voya Financial | VOYA | 1.58% |
| U.S. Bancorp | USB | 1.56% |
| Equitable Holdings | EQH | 1.53% |
| Bank of America | BAC | 1.52% |
| Bank of New York Mellon | BK | 1.51% |
| First Republic Bank | FRC | 1.50% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2021 | $0.32 | Mar 25, 2021 |
| Dec 21, 2020 | $0.2993 | Dec 24, 2020 |
| Sep 21, 2020 | $0.281 | Sep 30, 2020 |
| Jun 22, 2020 | $0.2794 | Jun 25, 2020 |
| Mar 23, 2020 | $0.1618 | Mar 26, 2020 |
| Dec 20, 2019 | $0.333 | Dec 26, 2019 |
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CNBC's Ylan Mui reports that six of the major bank CEOs will appear before the House and Senate Banking committees for a hearing.
Big bank earnings are underway, but Matt Maley of Miller Tabak is looking beyond them to one major concern for the group.
Financial sector exchange traded funds are in for a big week as Wall Street banks kick off the first quarter earnings season. On Wednesday, JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Goldm...
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Despite the slide, the outlook for the banking industry looks promising given surging yields and an improving economy.
Financial sector-related exchange traded funds plunged after a fire sale of stocks from a U.S. hedge fund dragged on Credit Suisse Group AG and Nomura Holdings Inc., fueling speculation of a wider fallo...
Last year, bank stocks and exchange traded funds, including the SPDR S&P Bank ETF (NYSEArca: KBE), struggled amid low interest rates. The Federal Reserve damping plans for buybacks and dividend growth d...
'Let them go down a little'—Cramer calls for a pause on financials
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Things are looking up for bank stocks, making options like the SPDR S&P Bank ETF (NYSEArca: KBE) appealing to a broader swath of investors. Last week, JPMorgan Chase (NYSE: JPM) got the OK to resume sto...
As banks free up their cash hoards accumulated during the coronavirus pandemic, financial sector-related ETFs could benefit from the increased loan activity. In the months ahead, banks are expected to l...
Growing vaccine distribution and the rollout of the $1.9 trillion fiscal stimulus under the Biden era have resulted in a sooner-than-expected recovery of the U.S. economy. These have stoked inflation co...
Rising interest rates and economic stimulus have been a winning combination for bank stock investors in recent months. Since the beginning of November, the Financial Select Sector SPDR Fund (NYSE: XLF) ...
Rates have been rising fast in the United States over the past few weeks on growing risk appetite and reflationary optimism.
The banking corner of the financial space has been leading the way with most of the stocks and ETFs logging impressive gains.
Financial stocks and sector-related exchange traded funds jumped Thursday as rising bond yields helped strengthen the appeal of bank stocks. Among the better performing non-leveraged ETFs of Thursday, t...
The best bank ETFs for Q2 2021 are KRE, IAT, and KBE.
Covid vaccines are what's behind bank stocks' strength: Mendon's Schutz
CNBC's Brian Sullivan discusses the best bank stocks after earnings with Anton Schutz, Mendon Capital senior portfolio manager.
We discuss the market outlook and best investing ideas.
Rates have been rising fast in the United States over the past few weeks on growing risk appetite and reflationary optimism.
Banking ETFs are gaining slightly amid news that JPMorgan Chase, Goldman Sachs, and Citigroup were among the first major financial firms to halt political donations following the pro-Trump Capitol storm...
Bank ETFs should stay strong in the coming days on the back of cheaper valuation, Fed's signal for buybacks, Democrat's control over Senate and spike in bond yields.
The Democratic “blue wave” in Washington D.C. took two months longer than many investors had anticipated, but it arrived this week when Democrats narrowly eked out a majority in the Senate.
The SPDR S&P Bank ETF (NYSEArca: KBE) and the broader Financial Select Sector SPDR (NYSEArca: XLF) are among the financial services exchange traded funds that are taking flight amid the value resurgence...
As widely expected, the Fed held interest rates steady at near-zero level in its latest meeting and maintained bond buying. However, the Fed beefed up growth projections for the U.S. economy.
These exchange-traded funds look like solid ways to play a post-pandemic economic recovery.
U.S. stocks and index ETFs vaulted upwards on Tuesday, starting December on a high note, as the Dow Jones Industrial Average targeted the 30,000 level once again. The Dow added 0.9%, while the S&P 500 a...
After almost a year-long wait, the month of November started delivering sweet surprises to investors in the form of back-to-back vaccine news.
November has been a huge month for bank stocks and financial sector-related exchange traded funds. Over the past month, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 17.5% and SPDR S&P Regional Bankin...
Banks have rallied in reaction to vaccine progress but have now reached resistance levels that favor reversals.
If things turn right on the vaccine front in the coming days, one can surely expect a rise in economic activity and bond yields, and a rally in value stocks.
The best bank ETFs for Q1 2021 are KRE, IAT, and KBE.
KBE bank ETF is down about 18 percent this year — Here's why
CNBC's David Faber reports on the SPDR S&P Bank ETF.
Thanks to favorable Covid-19 vaccine developments, the stage is set for bank stocks to rebound in a big way in 2021. The post 5 Bank Stocks to Buy for the Covid-19 Vaccine Recovery appeared first on Inv...
With a potentially promising coronavirus vaccine driving investors to rotate out of tech stocks, driving stock ETFs to robust gains this week, exchange-traded funds appear poised for a robust finish to ...
U.S. stocks have been super steady this week on Pfizer's upbeat vaccine data and chances of a divided Congress in the United States.
Financials will rally next, says portfolio manager
CNBC's "Halftime Report" discusses why financials may be the next to rally and what bank stocks to buy.
Exchange-traded funds are setting up for a strong end to the year, with a Covid-19 resolution in sight and mutual funds losing assets, one analyst says.
Covid vaccine news and the ETF market: Analysts assess the impact
Nick Colas, the co-founder of DataTrek Research, Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors, and Brendan Ahern, chief investment officer at KraneShares, speak to t...