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 fourth quarter of 2014. As part of
this rebalancing below are the component level changes across various
indices:
KBW Bank Index (Index Ticker: BKX; ETF Ticker: KBWB):
Add: First
Republic Bank (NYSE: FRC)
Delete: First
Niagara Financial Group Inc. (NASDAQ: FNFG)
KBW Regional Banking Index (Index Ticker: KRX; ETF Ticker: KBWR)
Add: First
Niagara Financial Group Inc. (NASDAQ: FNFG), Investors Bancorp
Inc. (NASDAQ: ISBC)
Delete: First
Republic Bank (NYSE: FRC), Susquehanna Bancshares, Inc. (NASDAQ:
SUSQ)
KBW Premium Yield Equity REIT Index (Index Ticker: KYX; ETF Ticker:
KBWY):
Delete: Winthrop Realty
Trust (NYSE: FUR)
KBW Financial Sector Dividend Yield Index (Index Ticker: KDX; ETF
Ticker: KBWD):
Delete: GFI Group
Inc. (NYSE: GFIG)
These changes will be effective prior
to the opening of business on Monday,
December 22, 2014.
The KBW indices have tradable exchange‐traded funds licensed: KBW Bank
Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM);
KBW Capital Markets Index (Index Ticker: KSXSM, ETF Ticker:
KBWCSM); KBW Insurance Index (Index Ticker: KIXSM,
ETF Ticker: KBWISM); KBW Regional Banking Index (Index
Ticker: KRXSM, ETF Tickers: KBWRSM, KRSSM,
KRUSM); KBW Financial Sector Dividend Yield Index (Index
Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Premium
Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM);
KBW Property and Casualty Insurance Index (Index Ticker: KPXSM,
ETF Ticker: KBWPSM); KBW Mortgage Finance Index (Index
Ticker: MFXSM); and KBW Global (Ex US) Financial Sector Index
(Index Ticker: KGXSM, ETF Ticker: KBWXSM).
About KBW
KBW LLC, a Stifel company, operates in the U.S. and Europe through its
broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe,
Bruyette & Woods Limited. 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.
Copyright Business Wire 2014