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), announces upcoming changes to the KBW Regional Banking Index (KRX SM).
Effective prior to the opening of business on Monday, June 6, 2011, Hancock Holding Company (NASDAQ: HBHC) will undergo a share increase in the KBW Regional Banking Index due to the acquisition of Whitney Holding Corporation (NASDAQ: WTNY). Additionally, Park National Corporation (NYSE: PRK) will replace Whitney Holding Corporation from the KBW Regional Banking Index.
The KBW indices have eleven tradable exchange-traded funds licensed: KBW Bank Index (Index Symbol: BKX SM, ETF Symbol: KBE SM); KBW Capital Markets Index (Index Symbol: KSX SM, ETF Symbol: KCE SM); KBW Insurance Index (Index Symbol: KIX SM, ETF Symbol: KIE SM); KBW Mortgage Finance Index (Index Symbol: MFX SM, ETF Symbol: KME SM); KBW Regional Banking Index (Index Symbol: KRX SM, ETF Symbol: KRE SM, KRS SM, KRU SM); KBW Financial Sector Dividend Yield Index (Index Symbol: KDX SM, ETF Symbol: KBWD SM); KBW Premium Yield Equity REIT Index (Index Symbol: KYX SM, ETF Symbol: KBWY SM); KBW Property and Casualty Insurance Index (Index Symbol: KPX SM, ETF Symbol: KBWP SM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Symbol: KGX SM, ETF Symbol: KBWX SM).
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.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
