Centaurus Financial Inc. lifted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 4.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,856 shares of the exchange traded fund’s stock after acquiring an additional 432 shares during the period. Centaurus Financial Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $558,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC bought a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $57,000. Pitcairn Co. acquired a new position in shares of SPDR S&P Regional Banking ETF in the third quarter valued at $283,000. Cerity Partners LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 1.2% in the third quarter. Cerity Partners LLC now owns 82,455 shares of the exchange traded fund’s stock valued at $4,667,000 after purchasing an additional 942 shares during the last quarter. DE Burlo Group Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter valued at about $11,377,000. Finally, Etfidea LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 25.8% during the 3rd quarter. Etfidea LLC now owns 9,029 shares of the exchange traded fund’s stock worth $511,000 after buying an additional 1,851 shares during the last quarter.
SPDR S&P Regional Banking ETF Stock Performance
Shares of KRE opened at $68.16 on Wednesday. The firm has a market cap of $3.64 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 52 week low of $43.51 and a 52 week high of $70.25. The firm’s 50-day simple moving average is $59.98 and its 200 day simple moving average is $54.86.
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.
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