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 quarterly rebalancing across its family of indices. These changes will be effective prior to the opening of business on Monday, December 24, 2012.
The KBW indices that have tradable exchange-traded funds are: KBW Bank Index (Index Symbol: BKX SM, ETF Symbol KBWB SM); KBW Capital Markets Index (Index Symbol: KSX SM, ETF Symbol KBWC SM); KBW Insurance Index (Index Symbol: KIX SM, ETF Symbol KBWI SM); KBW Mortgage Finance Index (Index Symbol: MFX SM) KBW Regional Banking Index (Index Symbol: KRX SM, ETF Symbol: KBWR SM, KRS SM, KRU SM), and 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).
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. Celebrating its 50th anniversary, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate 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 and debt securities of financial services companies.