Private Advisor Group LLC Has $963,000 Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Private Advisor Group LLC raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,023 shares of the exchange traded fund’s stock after purchasing an additional 495 shares during the period. Private Advisor Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $963,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clear Point Advisors Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $44,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $50,000. Future Financial Wealth Managment LLC acquired a new stake in SPDR S&P Regional Banking ETF during the third quarter worth about $58,000. Family Firm Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth about $60,000. Finally, Key Financial Inc grew its stake in SPDR S&P Regional Banking ETF by 1,760.0% during the second quarter. Key Financial Inc now owns 1,860 shares of the exchange traded fund’s stock worth $91,000 after buying an additional 1,760 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.5 %

Shares of SPDR S&P Regional Banking ETF stock opened at $58.64 on Friday. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12-month low of $40.35 and a 12-month high of $60.82. The firm’s 50-day moving average price is $57.08 and its two-hundred day moving average price is $52.88.

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.