KBW Announces Index Rebalancing for Third Quarter 2015

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 Corp. SF, announces the upcoming index rebalancing for third quarter of 2015. As part of this rebalancing, below are the component level changes across various indices:

KBW Nasdaq Property & Casualty Index (Index Ticker: KPX; ETF Ticker: KBWP)

Add:								AmTrust Financial Services, Inc. AFSI
								Cincinnati Financial Corporation CINF
								XL Group plc XL
Delete:								HCC Insurance Holdings HCC

These changes will be effective prior to the opening of business on Monday, September 21, 2015.

The KBW Nasdaq indices have tradable exchange‐traded funds licensed: KBW Nasdaq Bank Index (Index Ticker: BKX^SM, ETF Ticker: KBWB^SM); KBW Nasdaq Capital Markets Index (Index Ticker: KSX^SM, ETF Ticker: KBWC^SM); KBW Nasdaq Insurance Index (Index Ticker: KIX^SM, ETF Ticker: KBWI^SM); KBW Nasdaq Regional Banking Index (Index Ticker: KRX^SM, ETF Tickers: KBWR^SM, KRS^SM, KRU^SM); KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX^SM, ETF Ticker: KBWD^SM); KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX^SM, ETF Ticker: KBWY^SM); KBW Nasdaq Property and Casualty Insurance Index (Index Ticker: KPX^SM, ETF Ticker: KBWP^SM); KBW Nasdaq Mortgage Finance Index (Index Ticker: MFX^SM); KBW Nasdaq Global (Ex US) Financial Sector Index (Index Ticker: KGX^SM); KBW Nasdaq Global Bank Index (Index Ticker: GBKX^SM).

About KBW

KBW LLC, 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.

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