NEW YORK -- (Business Wire)
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 the following change:
Effective prior to the opening of business on Wednesday, January 16,
2013, City Holding Co. (NASDAQ: CHCO), a member of the KBW Regional
Banking Index (KRXSM), will undergo an increase in shares due
to the completion of its previously announced acquisition of Community
Financial Corp. (NASDAQ: CFFC).
The KBW indices have ten tradable exchange-traded funds licensed: KBW
Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM);
KBW Capital Markets Index (Index Ticker: KSXSM, ETF Ticker:
KBWCSM); KBW Insurance Index (Index Ticker: KIXSM,
ETF Ticker: KBWISM); KBW Regional Banking Index (Index
Ticker: KRXSM, ETF Ticker: KBWRSM, KRSSM,
KRUSM); KBW Financial Sector Dividend Yield Index (Index
Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Premium
Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM);
KBW Property and Casualty Insurance Index (Index Ticker: KPXSM,
ETF Ticker: KBWPSM); and KBW Global (Ex. U.S.) Financial
Sector Index (Index Ticker: KGXSM, ETF Ticker: KBWXSM).
KBW, Inc. operates in the U.S., Europe, and Asia through its broker
dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette &
Woods 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.
Source: Keefe, Bruyette & Woods, Inc.
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