1,216 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Purchased by Family Firm Inc.

Family Firm Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,216 shares of the exchange traded fund’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth $26,000. Clear Point Advisors Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the first quarter valued at about $44,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at approximately $50,000. Founders Financial Alliance LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $52,000. Finally, Vestor Capital LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $54,000.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $57.73 on Friday. SPDR S&P Regional Banking ETF has a 12 month low of $37.66 and a 12 month high of $59.59. The stock has a market capitalization of $3.08 billion, a P/E ratio of 8.36 and a beta of 1.56. The business has a 50 day simple moving average of $52.52 and a 200-day simple moving average of $49.85.

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.