17,005 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,005 shares of the exchange traded fund’s stock, valued at approximately $892,000.

Other hedge funds also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter worth approximately $52,000. Vestor Capital LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth $54,000. Allworth Financial LP boosted its position in shares of SPDR S&P Regional Banking ETF by 219.5% during the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 900 shares during the period. Western Pacific Wealth Management LP boosted its position in shares of SPDR S&P Regional Banking ETF by 105.4% during the fourth quarter. Western Pacific Wealth Management LP now owns 1,849 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 949 shares during the period. Finally, Naples Money Management LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth $104,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE traded down $0.59 during midday trading on Friday, hitting $46.12. 12,336,578 shares of the stock were exchanged, compared to its average volume of 14,073,140. SPDR S&P Regional Banking ETF has a 52-week low of $37.66 and a 52-week high of $54.47. The stock has a fifty day simple moving average of $48.40 and a 200 day simple moving average of $49.18. The firm has a market cap of $2.46 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.