KBW Announces Quarterly Rebalancing Across Its Indices

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 the upcoming third quarter rebalancing across its family of indices for the year 2011. These changes will be effective prior to the opening of business on Monday, September 19, 2011.

The KBW indices have eleven tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKX^SM, ETF Ticker: KBE^SM); KBW Capital Markets Index (Index Ticker: KSX^SM, ETF Ticker: KCE^SM); KBW Insurance Index (Index Ticker: KIX^SM, ETF Ticker: KIE^SM); KBW Mortgage Finance Index (Index Ticker: MFX^SM, ETF Ticker: KME^SM); KBW Regional Banking Index (Index Ticker: KRX^SM, ETF Ticker: KRE^SM, KRS^SM, KRU^SM); KBW Financial Sector Dividend Yield Index (Index Ticker: KDX^SM, ETF Ticker: KBWD^SM); KBW Premium Yield Equity REIT Index (Index Ticker: KYX^SM, ETF Ticker: KBWY^SM); KBW Property and Casualty Insurance Index (Index Ticker: KPX^SM, ETF Ticker: KBWP^SM); and KBW Global (Ex. U.S.) Financial Sector Index (Index Ticker: KGX^SM, ETF Ticker: KBWX^SM).

About KBW

KBW, Inc. operates in the U.S., Europe and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and Keefe, Bruyette & Woods Asia Limited. It also offers asset management services through KBW Asset Management, Inc. Founded in 1962, the firm 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.