SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by SPC Financial Inc.

SPC Financial Inc. increased its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 8.4% during the 1st quarter, Holdings Channel reports. The fund owned 11,620 shares of the exchange traded fund’s stock after purchasing an additional 900 shares during the quarter. SPC Financial Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $584,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Transcendent Capital Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at about $26,000. Founders Financial Alliance LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $52,000. Vestor Capital LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $54,000. ICA Group Wealth Management LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at $59,000. Finally, Woodmont Investment Counsel LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter worth $63,000.

SPDR S&P Regional Banking ETF Stock Up 4.2 %

Shares of SPDR S&P Regional Banking ETF stock traded up $2.10 during trading hours on Thursday, reaching $51.97. 23,501,634 shares of the company’s stock were exchanged, compared to its average volume of 13,892,788. The business has a fifty day moving average of $48.56 and a two-hundred day moving average of $48.97. The company has a market capitalization of $2.78 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $37.66 and a 1 year high of $54.47.

SPDR S&P Regional Banking ETF Company Profile

SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company’s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali.