Larry Mathis Financial Planning LLC bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 18,513 shares of the exchange traded fund’s stock, valued at approximately $1,286,000. SPDR S&P Regional Banking ETF accounts for about 1.1% of Larry Mathis Financial Planning LLC’s holdings, making the stock its 15th largest position.
A number of other hedge funds also recently added to or reduced their stakes in the business. MWA Asset Management purchased a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter worth $46,000. Fourth Dimension Wealth LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 41.5% in the second quarter. Fourth Dimension Wealth LLC now owns 737 shares of the exchange traded fund’s stock valued at $55,000 after acquiring an additional 216 shares in the last quarter. KERR FINANCIAL PLANNING Corp raised its stake in shares of SPDR S&P Regional Banking ETF by 20.6% in the second quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 206 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of SPDR S&P Regional Banking ETF by 36.6% in the second quarter. Parkside Financial Bank & Trust now owns 1,272 shares of the exchange traded fund’s stock valued at $95,000 after acquiring an additional 341 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC purchased a new position in SPDR S&P Regional Banking ETF in the first quarter valued at $84,000.
SPDR S&P Regional Banking ETF Trading Up 0.4%
NYSEARCA:KRE opened at $72.73 on Tuesday. SPDR S&P Regional Banking ETF has a 12-month low of $58.20 and a 12-month high of $78.35. The firm has a market cap of $4.38 billion, a PE ratio of 12.39 and a beta of 0.87. The stock has a fifty day moving average price of $72.26 and a 200 day moving average price of $70.86.
SPDR S&P Regional Banking ETF Company 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.
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