Miller Investment Management’s State Street SPDR S&P Bank ETF KBE Stock Holding History

Miller Investment Management’s Portfolio KBE Stock Details KBE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-8,190	Closed	-$261K	–	67
2014 Q3	$261K	Hold	8,190	–	–	0.13%	56
2014 Q2	$274K	Hold	8,190	–	–	0.12%	62
2014 Q1	$279K	Hold	8,190	–	–	0.16%	61
2013 Q4	$272K	Hold	8,190	–	–	0.15%	59
2013 Q3	$246K	Hold	8,190	–	–	0.15%	59
2013 Q2	$235K	Buy	+8,190	New	+$224K	0.17%	60

Other funds holding KBE

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

WBG

Wharton Business Group Malvern, Pennsylvania $2.65B AUM 20.73% 1-Year Est. Return

PVH

Psagot Value Holdings Tel Aviv, Israel $11M AUM 32.09% 1-Year Est. Return

Horizon Investments Charlotte, North Carolina $8.92B AUM 25.62% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Miller Investment Management's KBE Position: Q4 2014 in Review

Miller Investment Management sold out of State Street SPDR S&P Bank ETF (KBE) in Q4 2014, closing a stake of 8,190 shares — an estimated $261K sold.

Miller Investment Management first reported a position in KBE in Q2 2013 and held it in 6 quarters. The position peaked at $279K in Q1 2014. 126 funds tracked by Wall St. Rank hold KBE as of Q4 2014.

Miller Investment Management reported no remaining State Street SPDR S&P Bank ETF position as of Q4 2014 after selling out during the quarter.
Miller Investment Management sold 8,190 State Street SPDR S&P Bank ETF shares in Q4 2014, an estimated $261K.
Miller Investment Management first reported a position in State Street SPDR S&P Bank ETF in Q2 2013 and held it in 6 quarters.
Miller Investment Management's State Street SPDR S&P Bank ETF position peaked at $279K in Q1 2014.
126 funds tracked by Wall St. Rank held State Street SPDR S&P Bank ETF as of Q4 2014.

Based on Miller Investment Management's 13F filing for Q4 2014, filed 13 Feb 2015.