SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. increased its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 156.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,405 shares of the exchange traded fund’s stock after purchasing an additional 3,300 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $326,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KRE. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $25,000. Larson Financial Group LLC bought a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $57,000. Future Financial Wealth Managment LLC acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $58,000. Bristlecone Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $68,000. Finally, Friedenthal Financial bought a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $120,000.

SPDR S&P Regional Banking ETF Trading Up 2.5 %

Shares of NYSEARCA:KRE opened at $62.73 on Thursday. The firm’s 50 day moving average is $63.87 and its two-hundred day moving average is $58.57. The firm has a market capitalization of $3.35 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25.

SPDR S&P Regional Banking ETF 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.