Members Advisory Group LLC Purchases New Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Members Advisory Group LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 101,066 shares of the exchange traded fund’s stock, valued at approximately $6,105,000. SPDR S&P Regional Banking ETF comprises about 2.5% of Members Advisory Group LLC’s investment portfolio, making the stock its 13th largest position. Members Advisory Group LLC owned about 0.19% of SPDR S&P Regional Banking ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KRE. Lowe Wealth Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $25,000. Valley Wealth Managers Inc. raised its stake in shares of SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 455 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth about $32,000. Larson Financial Group LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth about $57,000. Finally, JFS Wealth Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 295.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 706 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Down 2.6 %

Shares of NYSEARCA KRE opened at $61.42 on Friday. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25. The company has a market cap of $3.28 billion, a PE ratio of 8.36 and a beta of 1.56. The company has a 50-day moving average of $62.35 and a two-hundred day moving average of $60.49.

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.