SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Stock Position Raised by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 22.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,294 shares of the exchange traded fund’s stock after acquiring an additional 13,368 shares during the quarter. Private Advisor Group LLC owned 0.10% of SPDR S&P Regional Banking ETF worth $2,952,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Meitav Investment House Ltd. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at $42,000. Cetera Advisors LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 53.8% in the second quarter. Cetera Advisors LLC now owns 279,359 shares of the exchange traded fund’s stock valued at $11,406,000 after purchasing an additional 97,665 shares in the last quarter. Wintrust Investments LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at $4,017,000. Cetera Investment Advisers lifted its holdings in shares of SPDR S&P Regional Banking ETF by 89.9% in the second quarter. Cetera Investment Advisers now owns 55,985 shares of the exchange traded fund’s stock valued at $2,286,000 after purchasing an additional 26,497 shares in the last quarter. Finally, Spire Wealth Management lifted its holdings in shares of SPDR S&P Regional Banking ETF by 15.6% in the second quarter. Spire Wealth Management now owns 5,881 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 792 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.1 %

KRE opened at $45.16 on Tuesday. The stock has a fifty day moving average of $41.61 and a 200-day moving average of $42.59. The firm has a market capitalization of $3.34 billion, a P/E ratio of 10.19 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 12-month low of $34.52 and a 12-month high of $65.32.

SPDR S&P Regional Banking ETF Company 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.