NEW YORK -- (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 changes:
Effective prior to the opening of business on Thursday, March 7, 2013,
Radian Group Inc. (NYSE: RDN), a member of the KBW Mortgage Finance
Index (MFXSM), 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: 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., 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
Source: Keefe, Bruyette & Woods, Inc.
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