Diversify Advisory Services LLC Raises Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Diversify Advisory Services LLC grew its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 26.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,318 shares of the exchange traded fund’s stock after purchasing an additional 900 shares during the quarter. Diversify Advisory Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $252,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in KRE. Trust Co. of Toledo NA OH grew its stake in shares of SPDR S&P Regional Banking ETF by 4.7% in the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 193 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 255 shares in the last quarter. SPC Financial Inc. increased its holdings in SPDR S&P Regional Banking ETF by 2.5% during the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $708,000 after purchasing an additional 300 shares during the period. Robinson Value Management Ltd. raised its position in SPDR S&P Regional Banking ETF by 1.3% in the 3rd quarter. Robinson Value Management Ltd. now owns 24,718 shares of the exchange traded fund’s stock valued at $1,399,000 after purchasing an additional 323 shares in the last quarter. Finally, Lowe Wealth Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $25,000.

SPDR S&P Regional Banking ETF Stock Down 0.4 %

Shares of NYSEARCA:KRE opened at $62.86 on Friday. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The firm’s 50 day moving average price is $63.44 and its 200 day moving average price is $59.13. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.