Keefe, Bruyette & Woods (KBW) is to hold the quarterly rebalancing across its family of indices, effective prior to the opening of business on 24 March.
Homex Development Corp, a member of the KBW Global (Ex US) Financial Sector Index (KGX), and Chatham Lodging Trust, a member of the KBW Premium Yield Equity REIT Index (KYX), will be removed based on criteria set forth in the quarterly index review process.
The KBW indices have tradable exchange‐traded funds licensed: KBW Bank Index (Index Ticker: BKX, ETF Ticker: KBWB); KBW Capital Markets Index (Index Ticker: KSX, ETF Ticker: KBWC); KBW Insurance Index (Index Ticker: KIX, ETF Ticker: KBWI); KBW Regional Banking Index (Index Ticker: KRX, ETF Tickers: KBWR, KRS, KRU); KBW Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD); KBW Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY); KBW Property and Casualty Insurance Index (Index Ticker: KPX, ETF Ticker: KBWP); KBW Mortgage Finance Index (Index Ticker: MFX); and KBW Global (Ex US) Financial Sector Index (Index Ticker: KGX, ETF Ticker: KBWX).
