World Investment Advisors increased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 28.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 36,702 shares of the exchange traded fund’s stock after buying an additional 8,079 shares during the period. World Investment Advisors’ holdings in SPDR S&P Regional Banking ETF were worth $2,215,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Scholtz & Company LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $4,809,000. National Bank of Canada FI increased its holdings in shares of SPDR S&P Regional Banking ETF by 84.9% in the fourth quarter. National Bank of Canada FI now owns 78,562 shares of the exchange traded fund’s stock valued at $4,741,000 after purchasing an additional 36,075 shares during the last quarter. Alliancebernstein L.P. purchased a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $42,861,000. O Shaughnessy Asset Management LLC boosted its stake in SPDR S&P Regional Banking ETF by 57.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,140 shares of the exchange traded fund’s stock worth $129,000 after buying an additional 784 shares during the last quarter. Finally, IPG Investment Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at $222,000.
SPDR S&P Regional Banking ETF Stock Down 4.0 %
NYSEARCA KRE opened at $49.26 on Friday. The business’s fifty day simple moving average is $60.07 and its 200-day simple moving average is $60.92. The firm has a market cap of $2.93 billion, a PE ratio of 12.74 and a beta of 1.09. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25.
SPDR S&P Regional Banking ETF Dividend Announcement
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.
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