SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 48.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 196,013 shares of the exchange traded fund’s stock after acquiring an additional 63,788 shares during the period. Commonwealth Equity Services LLC owned about 0.37% of SPDR S&P Regional Banking ETF worth $11,829,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lowe Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $26,000. Valley Wealth Managers Inc. raised its position in shares of 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 in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $32,000. Finally, Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $57,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA KRE opened at $56.97 on Wednesday. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25. The business’s fifty day moving average price is $61.49 and its two-hundred day moving average price is $60.94. The firm has a market capitalization of $3.64 billion, a PE ratio of 12.46 and a beta of 1.09.

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.