State Street SPDR S&P Bank ETF (KBE) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
KBE has IPO date of 2005-11-15, listed on the NYSE, a market capitalization of $1.4B.
The State Street SPDR S&P Bank ETF 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 "Index")Seeks to provide exposure to the bank segment of the S&P TMI, which comprises the following sub-industries: Asset Management & Custody Banks, Diversified Banks, Regional Banks, Diversified Financial Services, and Commercial & Residential Mortgage Finance.Seeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing
