Game Plan Financial Advisors LLC increased its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 92.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,174 shares of the exchange traded fund’s stock after buying an additional 18,372 shares during the quarter. Game Plan Financial Advisors LLC owned about 0.07% of SPDR S&P Regional Banking ETF worth $2,305,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the stock. Holocene Advisors LP grew its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after buying an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in SPDR S&P Regional Banking ETF by 1,910.8% in the third 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 during the last quarter. Goodman Financial Corp boosted its holdings in SPDR S&P Regional Banking ETF by 0.6% in the third 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 during the last quarter. Ocean Park Asset Management LLC boosted its holdings in SPDR S&P Regional Banking ETF by 33.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 276,744 shares of the exchange traded fund’s stock valued at $16,702,000 after purchasing an additional 68,641 shares during the last quarter. Finally, Parcion Private Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $14,189,000.
SPDR S&P Regional Banking ETF Stock Performance
Shares of KRE opened at $63.89 on Friday. The company has a market capitalization of $3.41 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The stock has a 50-day moving average price of $62.54 and a 200 day moving average price of $60.18.
SPDR S&P Regional Banking ETF 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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