Clal

Clal Insurance Shrinks KBWB Stake, Expands ETF Bets

Clal Insurance Enterprises Holdings Ltd cut its stake in Invesco KBW Bank ETF by 37.2% in Q1, reducing to about 2.25% of the fund. It also added positions in EWY (10,000 shares), KRE (1,280,000 shares) and TAN (1,780,400 shares), and boosted its VOO holding by 2.0%, making Vanguard S&P 500 ETF the portfolio's largest position.