Mutual Advisors LLC Boosts Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Mutual Advisors LLC raised its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,935 shares of the exchange traded fund’s stock after buying an additional 434 shares during the period. Mutual Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Holocene Advisors LP raised its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after purchasing an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after purchasing an additional 427,473 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $20,777,000. Goodman Financial Corp raised its stake in shares of SPDR S&P Regional Banking ETF by 0.6% in the 3rd quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after purchasing an additional 2,159 shares in the last quarter. Finally, Parcion Private Wealth LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $14,189,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $63.33 on Monday. The firm has a market cap of $3.38 billion, a PE ratio of 8.36 and a beta of 1.56. The firm’s 50-day simple moving average is $63.39 and its 200-day simple moving average is $59.38. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25.

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.