Thurston Springer Miller Herd & Titak Inc. Acquires New Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,020 shares of the exchange traded fund’s stock, valued at approximately $50,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KRE. Allworth Financial LP boosted its position in SPDR S&P Regional Banking ETF by 219.5% during the 4th quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 900 shares during the period. Valeo Financial Advisors LLC lifted its holdings in SPDR S&P Regional Banking ETF by 5.2% in the fourth quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $481,000 after buying an additional 456 shares during the period. International Assets Investment Management LLC boosted its position in SPDR S&P Regional Banking ETF by 3,228.6% during the fourth quarter. International Assets Investment Management LLC now owns 272,144 shares of the exchange traded fund’s stock valued at $14,269,000 after acquiring an additional 263,968 shares during the last quarter. Symmetry Investments LP acquired a new stake in SPDR S&P Regional Banking ETF during the 4th quarter worth about $13,658,000. Finally, Cibc World Markets Corp bought a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth about $5,662,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA:KRE traded up $1.02 during midday trading on Wednesday, reaching $53.49. The company’s stock had a trading volume of 3,028,202 shares, compared to its average volume of 14,856,491. SPDR S&P Regional Banking ETF has a fifty-two week low of $37.66 and a fifty-two week high of $59.59. The firm has a 50 day moving average price of $50.77 and a two-hundred day moving average price of $49.52. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.