NEW YORK, Mar 20, 2013 (BUSINESS WIRE) -- Keefe, Bruyette & Woods, Inc., a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corporation (NYSE:SF), announces the following change:
Effective prior to the opening of business on Monday, March 25, 2013, MGIC Investment Corp. (NYSE:MTG), a member of the KBW Insurance Index (KIX(SM)), will undergo an increase in shares due to a recently completed secondary share offering.
The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKX(SM), ETF Ticker: KBWB(SM)); KBW Capital Markets Index (Index Ticker: KSX(SM), ETF Ticker: KBWC(SM)); KBW Insurance Index (Index Ticker: KIX(SM), ETF Ticker: KBWI(SM)); KBW Regional Banking Index (Index Ticker: KRX(SM), ETF Ticker: KBWR(SM), KRS(SM), KRU(SM)); KBW Financial Sector Dividend Yield Index (Index Ticker: KDX(SM), ETF Ticker: KBWD(SM)); KBW Premium Yield Equity REIT Index (Index Ticker: KYX(SM), ETF Ticker: KBWY(SM)); KBW Property and Casualty Insurance Index (Index Ticker: KPX(SM), ETF Ticker: KBWP(SM)); and KBW Global (Ex. U.S.) Financial Sector Index (Index Ticker: KGX(SM), ETF Ticker: KBWX(SM)).
About KBW
KBW, Inc., a Stifel company, operates in the U.S. and Europe through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods Limited. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking 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 securities of financial services companies.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130320006548r1&sid=cmtx4&distro=nx
SOURCE: KBW, Inc.
Press: Intermarket Communications Mike Gelormino, 212-909-4780
Copyright Business Wire 2013
**********************************************************************
As of Saturday, 03-16-2013 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-18-2012 for KBW @ $15.13.
As of Saturday, 03-16-2013 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-13-2012 for MTG @ $4.26.
As of Saturday, 03-16-2013 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-16-2012 for SF @ $35.46.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2013 Comtex News Network, Inc. All rights reserved.
