Joseph P. Lucia & Associates LLC Buys 358 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Joseph P. Lucia & Associates LLC raised its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,300 shares of the exchange traded fund’s stock after purchasing an additional 358 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lowe Wealth Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at $25,000. Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $57,000. Future Financial Wealth Managment LLC bought a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $58,000. Bristlecone Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $68,000. Finally, Armstrong Advisory Group Inc. increased its holdings in shares of SPDR S&P Regional Banking ETF by 25.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after buying an additional 255 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.1 %

NYSEARCA:KRE opened at $64.00 on Tuesday. The stock’s 50-day moving average is $63.36 and its 200-day moving average is $59.46. The stock has a market cap of $3.42 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 $45.46 and a 1-year high of $70.25.

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.