SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Etfidea LLC

Etfidea LLC lifted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 35.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,178 shares of the exchange traded fund’s stock after purchasing an additional 1,870 shares during the quarter. Etfidea LLC’s holdings in SPDR S&P Regional Banking ETF were worth $352,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 12.5% in the first quarter. Beaird Harris Wealth Management LLC now owns 1,920 shares of the exchange traded fund’s stock valued at $97,000 after acquiring an additional 214 shares during the period. Calton & Associates Inc. boosted its stake in SPDR S&P Regional Banking ETF by 0.7% during the 1st quarter. Calton & Associates Inc. now owns 35,637 shares of the exchange traded fund’s stock worth $1,792,000 after purchasing an additional 249 shares during the period. Farther Finance Advisors LLC grew its position in SPDR S&P Regional Banking ETF by 4.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,641 shares of the exchange traded fund’s stock worth $276,000 after purchasing an additional 251 shares during the last quarter. Banque Cantonale Vaudoise increased its stake in SPDR S&P Regional Banking ETF by 5.3% in the first quarter. Banque Cantonale Vaudoise now owns 5,194 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 262 shares during the period. Finally, Valeo Financial Advisors LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 3.2% in the first quarter. Valeo Financial Advisors LLC now owns 9,477 shares of the exchange traded fund’s stock valued at $464,000 after buying an additional 298 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $58.88 on Friday. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a fifty-two week low of $37.66 and a fifty-two week high of $59.59. The firm has a 50-day simple moving average of $55.52 and a 200-day simple moving average of $50.90.

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.