Cwm LLC Has $116,000 Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Cwm LLC lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 13.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,044 shares of the exchange traded fund’s stock after purchasing an additional 250 shares during the quarter. Cwm LLC’s holdings in SPDR S&P Regional Banking ETF were worth $116,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Vermillion Wealth Management Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at about $32,000. Heck Capital Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $32,000. Lowe Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 80.1% in the 1st quarter. Lowe Wealth Advisors LLC now owns 744 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 331 shares during the last quarter. Oakworth Capital Inc. bought a new stake in SPDR S&P Regional Banking ETF in the 1st quarter valued at $44,000. Finally, Provident Wealth Management LLC bought a new stake in SPDR S&P Regional Banking ETF in the 1st quarter valued at $51,000.

SPDR S&P Regional Banking ETF Price Performance

KRE stock opened at $60.79 on Thursday. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $70.25. The business’s fifty day moving average price is $59.70 and its two-hundred day moving average price is $58.68.

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.