KBW Announces Quarterly Rebalancing Across Its Indices
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 the upcoming first quarterly rebalancing across its family of indices for the year 2011. These changes will be effective prior to the opening of business on Monday, March 21, 2011.
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); 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. operates in the U.S., Europe and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and Keefe, Bruyette & Woods Asia Limited. It also offers asset management services through KBW Asset Management, Inc. Founded in 1962, the firm 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.