SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Stock Position Raised by Stephens Inc. AR

Stephens Inc. AR boosted its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,525 shares of the exchange traded fund’s stock after buying an additional 758 shares during the quarter. Stephens Inc. AR’s holdings in SPDR S&P Regional Banking ETF were worth $1,601,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. Heck Capital Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $32,000. Larson Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $57,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $67,000. Finally, Bristlecone Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at $68,000.

SPDR S&P Regional Banking ETF Trading Down 2.3 %

SPDR S&P Regional Banking ETF stock opened at $63.41 on Thursday. The company has a market capitalization of $3.39 billion, a P/E ratio of 8.36 and a beta of 1.56. The firm’s fifty day simple moving average is $62.65 and its 200-day simple moving average is $60.10. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year 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.