Oppenheimer & Co. Inc. Has $6.27 Million Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Oppenheimer & Co. Inc. increased its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,908 shares of the exchange traded fund’s stock after purchasing an additional 4,686 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $6,271,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in KRE. Lowe Wealth Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $25,000. Valley Wealth Managers Inc. grew its stake in SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $32,000. JFS Wealth Advisors LLC grew its stake in SPDR S&P Regional Banking ETF by 295.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 706 shares during the period. Finally, Larson Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $57,000.

SPDR S&P Regional Banking ETF Trading Up 1.3 %

NYSEARCA:KRE opened at $62.07 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. The stock has a 50-day moving average price of $62.27 and a two-hundred day moving average price of $60.67.

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.