Global Financial Private Client LLC Acquires 5,146 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Global Financial Private Client LLC lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 22,373.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 5,169 shares of the exchange traded fund’s stock after purchasing an additional 5,146 shares during the quarter. Global Financial Private Client LLC’s holdings in SPDR S&P Regional Banking ETF were worth $255,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP lifted its stake in shares of SPDR S&P Regional Banking ETF by 219.5% in the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 900 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 5.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 456 shares during the period. International Assets Investment Management LLC increased its stake in SPDR S&P Regional Banking ETF by 3,228.6% in the 4th quarter. International Assets Investment Management LLC now owns 272,144 shares of the exchange traded fund’s stock worth $14,269,000 after acquiring an additional 263,968 shares during the last quarter. Symmetry Investments LP bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at about $13,658,000. Finally, Cibc World Markets Corp bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at about $5,662,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE stock traded down $0.24 on Wednesday, reaching $58.28. The stock had a trading volume of 18,029,284 shares, compared to its average volume of 14,580,584. The stock 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 has a 1 year low of $37.66 and a 1 year high of $59.59. The company has a 50 day simple moving average of $50.22 and a 200 day simple moving average of $49.37.

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.