4,209 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Purchased by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 4,209 shares of the exchange traded fund’s stock, valued at approximately $238,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Silver Lake Advisory LLC acquired a new position in SPDR S&P Regional Banking ETF during the 2nd quarter worth about $229,000. One Capital Management LLC lifted its position in SPDR S&P Regional Banking ETF by 9.8% during the 2nd quarter. One Capital Management LLC now owns 190,334 shares of the exchange traded fund’s stock valued at $9,345,000 after purchasing an additional 17,031 shares during the period. Private Advisor Group LLC lifted its position in SPDR S&P Regional Banking ETF by 10.1% during the 2nd quarter. Private Advisor Group LLC now owns 16,528 shares of the exchange traded fund’s stock valued at $812,000 after purchasing an additional 1,520 shares during the period. SPC Financial Inc. lifted its position in SPDR S&P Regional Banking ETF by 8.4% during the 1st quarter. SPC Financial Inc. now owns 11,620 shares of the exchange traded fund’s stock valued at $584,000 after purchasing an additional 900 shares during the period. Finally, Bessemer Group Inc. lifted its position in SPDR S&P Regional Banking ETF by 7.5% during the 1st quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock valued at $45,956,000 after purchasing an additional 63,380 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.9 %

SPDR S&P Regional Banking ETF stock opened at $58.13 on Tuesday. SPDR S&P Regional Banking ETF has a 1 year low of $40.76 and a 1 year high of $60.82. The company has a market cap of $3.10 billion, a PE ratio of 8.36 and a beta of 1.56. The company’s 50-day moving average is $57.08 and its two-hundred day moving average is $52.98.

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.