Blair William & Co. IL Boosts Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Blair William & Co. IL lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1,690.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,526 shares of the exchange traded fund’s stock after buying an additional 58,089 shares during the period. Blair William & Co. IL owned about 0.12% of SPDR S&P Regional Banking ETF worth $3,713,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of KRE. Lowe Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at about $26,000. Valley Wealth Managers Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 22,750.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $32,000. Finally, Lee Danner & Bass Inc. purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $54,000.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $56.85 on Tuesday. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The firm has a market cap of $3.39 billion, a PE ratio of 12.74 and a beta of 1.09. The business has a 50 day moving average price of $60.85 and a 200-day moving average price of $61.06.

SPDR S&P Regional Banking ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a $0.3782 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.