Business and Finance Business and Finance
Fri, December 31, 2010
Thu, December 30, 2010
Wed, December 29, 2010

KBW Announces Changes to KRX and MFX


Published on 2010-12-29 13:35:54 - Market Wire
  Print publication without navigation


NEW YORK--([ BUSINESS WIRE ])--Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announces increases in shares of Capitol Federal Financial Inc. (NASDAQ: CFFND) in the KBW Mortgage Finance Index (MFXSM), and in Webster Financial Corp. (NYSE: WBS) in the KBW Regional Banking Index (KRXSM). These changes will be effective before markets open for business on Monday, January 3, 2011.

The increase in the shares of Capitol Federal Financial Inc. (NASDAQ: CFFND) is due to completion of a secondary offering. Additionally, we are increasing the shares of Webster Financial Corp. (NYSE: WBS) due to their recent equity issuance.

The KBW indices that have tradable exchange-traded funds are KBW Bank Index (Index Symbol: BKXSM, ETF Symbol: KBESM); KBW Capital Markets Index (Index Symbol: KSXSM, ETF Symbol: KCESM); KBW Insurance Index (Index Symbol: KIXSM, ETF Symbol: KIESM); KBW Mortgage Finance Index (Index Symbol: MFXSM, ETF Symbol: KMESM) KBW Regional Banking Index (Index Symbol: KRXSM, ETF Symbol: KRESM, KRSSM, KRUSM), and KBW Financial Sector Dividend Yield Index (Index Symbol: KDXSM, ETF Symbol: KBWDSM); KBW Premium Yield Equity REIT Index (Index Symbol: KYXSM, ETF Symbol: KBWYSM); KBW Property and Casualty Insurance Index (Index Symbol: KPXSM, ETF Symbol: KBWPSM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Symbol: KGXSM, ETF Symbol: KBWXSM).

About KBW

KBW, Inc. is the parent of Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management. Keefe, Bruyette & Woods, Inc. is a full-service investment bank specializing in the financial services industry. Founded in 1962, it is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate and specialty finance sectors. The firm has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions, as well as sales and trading in equities and debt securities of financial services companies.

Contributing Sources