KBE - SPDR S&P Bank ETF
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 21|
|Day's Range||50.22 - 51.96|
|52-Week Range||24.03 - 56.16|
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 |
|Inception Date |
Nov 8, 2005
|Ticker Symbol |
|Index Tracked |
S&P Banks Select Industry Index
Top 10 Holdings15.61% of assets
|Bank of America||BAC||1.52%|
|Bank of New York Mellon||BK||1.51%|
|First Republic Bank||FRC||1.50%|
|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|
House and Senate Banking committees to hold hearings with bank CEOs
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.
Bank stocks had plenty of tailwinds to open 2021. Here is what you can expect from bank earnings, which begin reporting next week.
Despite the slide, the outlook for the banking industry looks promising given surging yields and an improving economy.
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
CNBC's Jim Cramer and David Faber discuss the financial sector and Jefferies Financial's Q1 2021 earnings results.
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) ...
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...
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.
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...
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.
These exchange-traded funds look like solid ways to play a post-pandemic economic recovery.
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.
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...
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...