Global Retirement Partners LLC Increases Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Global Retirement Partners LLC lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 22.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,806 shares of the exchange traded fund’s stock after purchasing an additional 2,747 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $894,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KRE. Raymond James & Associates raised its holdings in shares of SPDR S&P Regional Banking ETF by 16.2% during the 3rd quarter. Raymond James & Associates now owns 193,571 shares of the exchange traded fund’s stock valued at $10,956,000 after buying an additional 27,018 shares in the last quarter. Private Advisor Group LLC increased its stake in SPDR S&P Regional Banking ETF by 3.0% in the 3rd quarter. Private Advisor Group LLC now owns 17,023 shares of the exchange traded fund’s stock worth $963,000 after purchasing an additional 495 shares during the period. Parcion Private Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $14,189,000. Arkadios Wealth Advisors increased its stake in SPDR S&P Regional Banking ETF by 14.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,363 shares of the exchange traded fund’s stock worth $530,000 after purchasing an additional 1,159 shares during the period. Finally, Bristlecone Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $68,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $61.42 on Friday. The business’s 50 day simple moving average is $62.35 and its two-hundred day simple moving average is $60.49. The stock has a market capitalization of $3.28 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.

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.