KBW Announces Index Rebalancing for Third-Quarter 2016
September 09 2016 - 9:00PM
Business Wire
Keefe, Bruyette & Woods, Inc., a full‐service, boutique
investment bank and broker‐dealer that specializes in the financial
services sector, and a wholly owned subsidiary of Stifel Financial
Corp. (NYSE:SF), announces the upcoming index rebalancing for the
third quarter of 2016.
These changes will be
effective prior to the opening
of business on Monday, September 19,
2016.
As part of this rebalancing, below are the component-level changes:
KBW Nasdaq
Regional Banking Index (Index Ticker: KRX, ETF Ticker:
KBWR)
Delete:
PrivateBancorp, Inc. (Nasdaq:
PVTB)
Add:
Popular, Inc. (Nasdaq: BPOP)
KBW Nasdaq
Financial Technology Index (Index Ticker: KFTX)
Delete:
EverBank Financial Corp. (NYSE:
EVER)
Add:
Financial Engines, Inc. (Nasdaq:
FNGN)
The KBW Nasdaq indices have tradable exchange‐traded funds
licensed: KBW Nasdaq Bank Index (Index Ticker: BKXSM, ETF Ticker:
KBWBSM); KBW Nasdaq Capital Markets Index (Index Ticker: KSXSM);
KBW Nasdaq Insurance Index (Index Ticker: KIXSM); KBW Nasdaq
Regional Banking Index (Index Ticker: KRXSM, ETF Tickers: KBWRSM);
KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker:
KDXSM, ETF Ticker: KBWDSM); KBW Nasdaq Premium Yield Equity REIT
Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Nasdaq
Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF
Ticker: KBWPSM); KBW Nasdaq Mortgage Finance Index (Index Ticker:
MFXSM); KBW Nasdaq Global Bank Index (Index Ticker: GBKXSM); KBW
Nasdaq Financial Technology Index (Index Ticker: KFTXSM).
About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S.,
and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette
& Woods Europe, operating in Europe) is a Stifel company. Over
the years, KBW has established itself as a leading independent
authority in the banking, insurance, brokerage, asset management,
mortgage banking and specialty finance sectors. Founded in 1962,
the firm maintains industry‐leading positions in the areas of
research, corporate finance, mergers and acquisitions as well as
sales and trading in equities securities of financial services
companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20160909005024/en/
Press:Intermarket CommunicationsNeil Shapiro, 212‐754‐5423