Geneos Wealth Management Inc. boosted its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,259 shares of the exchange traded fund’s stock after acquiring an additional 524 shares during the period. Geneos Wealth Management Inc. owned about 0.06% of SPDR S&P Regional Banking ETF worth $1,826,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of KRE. Lowe Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at about $25,000. Larson Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth approximately $57,000. Future Financial Wealth Managment LLC purchased a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $58,000. Bristlecone Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $68,000. Finally, Armstrong Advisory Group Inc. grew its position in shares of SPDR S&P Regional Banking ETF by 25.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 255 shares during the last quarter.
SPDR S&P Regional Banking ETF Price Performance
KRE stock opened at $63.33 on Monday. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The company has a fifty day moving average price of $63.39 and a 200 day moving average price of $59.38. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25.
About SPDR S&P Regional Banking ETF
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.
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