SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC raised its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 21.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,373 shares of the exchange traded fund’s stock after purchasing an additional 1,478 shares during the period. HBW Advisory Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Main Management ETF Advisors LLC raised its holdings in SPDR S&P Regional Banking ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock valued at $124,653,000 after acquiring an additional 63,750 shares in the last quarter. Toronto Dominion Bank increased its position in shares of SPDR S&P Regional Banking ETF by 195.9% in the 2nd quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock worth $37,046,000 after purchasing an additional 499,500 shares during the last quarter. Holocene Advisors LP raised its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after purchasing an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after purchasing an additional 427,473 shares during the last quarter. Finally, SMI Advisory Services LLC acquired a new position in SPDR S&P Regional Banking ETF in the third quarter worth about $20,777,000.

SPDR S&P Regional Banking ETF Stock Down 3.0 %

Shares of SPDR S&P Regional Banking ETF stock opened at $58.31 on Friday. The business has a 50-day moving average price of $63.82 and a 200 day moving average price of $58.17. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The firm has a market cap of $3.11 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.