Valeo Financial Advisors LLC increased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,179 shares of the exchange traded fund’s stock after purchasing an additional 456 shares during the quarter. Valeo Financial Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $481,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Round Rock Advisors LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 7.2% during the fourth quarter. Round Rock Advisors LLC now owns 76,247 shares of the exchange traded fund’s stock valued at $3,998,000 after purchasing an additional 5,126 shares during the period. Cerity Partners LLC raised its holdings in SPDR S&P Regional Banking ETF by 32.6% during the 4th quarter. Cerity Partners LLC now owns 69,798 shares of the exchange traded fund’s stock valued at $3,660,000 after buying an additional 17,165 shares during the last quarter. Sandy Spring Bank boosted its position in SPDR S&P Regional Banking ETF by 4.4% during the 4th quarter. Sandy Spring Bank now owns 44,454 shares of the exchange traded fund’s stock valued at $2,331,000 after buying an additional 1,871 shares during the period. Aaron Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth $246,000. Finally, Geneos Wealth Management Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 3.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 26,478 shares of the exchange traded fund’s stock valued at $1,388,000 after acquiring an additional 1,002 shares during the period.
SPDR S&P Regional Banking ETF Price Performance
KRE opened at $46.52 on Monday. SPDR S&P Regional Banking ETF has a one year low of $34.52 and a one year high of $54.47. The business has a 50 day simple moving average of $48.30 and a two-hundred day simple moving average of $47.11. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 8.27 and a beta of 1.56.
About SPDR S&P Regional Banking ETF
(Free Report)
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.
Further Reading
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