SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 24.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,139 shares of the exchange traded fund’s stock after purchasing an additional 4,116 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,276,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Lowe Wealth Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $25,000. Valley Wealth Managers Inc. boosted its stake in SPDR S&P Regional Banking ETF by 22,750.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 455 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth $32,000. JFS Wealth Advisors LLC grew its holdings in SPDR S&P Regional Banking ETF by 295.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after buying an additional 706 shares in the last quarter. Finally, Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth $57,000.

SPDR S&P Regional Banking ETF Trading Up 0.1 %

Shares of KRE opened at $61.26 on Friday. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The firm has a market capitalization of $4.68 billion, a P/E ratio of 13.97 and a beta of 1.11. The firm has a 50-day moving average price of $62.27 and a 200 day moving average price of $60.67.

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.