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), today announces an upcoming change to the KBW Insurance Index (Index Symbol: KIXSM, ETF Symbol: KIESM).
Effective prior to the opening of business on Monday, October 25, 2010, Aon Corporation (NYSE: AON), a member of the KIX, will undergo an increase in shares to account for its recent equity issuance.
The KBW indices that have tradable exchange-traded funds are: KBW Bank Index (Index Symbol: BKXSM, ETF Symbol KBESM); KBW Capital Markets Index (Index Symbol: KSXSM, ETF Symbol KCESM); KBW Insurance Index (Index Symbol: KIXSM, ETF Symbol KIESM); KBW Mortgage Finance Index (Index Symbol: MFXSM, ETF Symbol: KMESM), and KBW Regional Banking Index (Index Symbol: KRXSM, ETF Symbol: KRESM, KRSSM, KRUSM).
About KBW
KBW, Inc. is the parent of Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management. Keefe, Bruyette & Woods, Inc. is a full-service investment bank specializing in the financial services industry. Founded in 1962, it is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate and specialty finance sectors. The firm has established 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.
Advisor News
- The best way to use a tax refund? Create a holistic plan
- CFP Board appoints K. Dane Snowden as CEO
- TIAA unveils ‘policy roadmap’ to boost retirement readiness
- 2026 may bring higher volatility, slower GDP growth, experts say
- Why affluent clients underuse advisor services and how to close the gap
More Advisor NewsAnnuity News
- Protective Expands Life & Annuity Distribution with Alfa Insurance
- Annuities: A key tool in battling inflation
- Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
- Insurer Offers First Fixed Indexed Annuity with Bitcoin
- Assured Guaranty Enters Annuity Reinsurance Market
More Annuity NewsHealth/Employee Benefits News
- UnitedHealth Group shares falling on Medicare Advantage woes
- Californians encouraged to join Covered California, enroll in health insurance by Jan. 31 deadline
- Texans are tightening their budgets to pay for health insurance after subsidies expired
- Farmers now owe a lot more for health insurance
- On the hook for uninsured, counties weighing costs
More Health/Employee Benefits NewsLife Insurance News