Wealthcare Advisory Partners LLC Boosts Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Wealthcare Advisory Partners LLC boosted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 25.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,096 shares of the exchange traded fund’s stock after acquiring an additional 2,251 shares during the period. Wealthcare Advisory Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KRE. Connective Portfolio Management LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at about $966,000. D. Scott Neal Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $6,488,000. Armstrong Advisory Group Inc. raised its position in SPDR S&P Regional Banking ETF by 25.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 255 shares during the period. Rockingstone Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $238,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR S&P Regional Banking ETF by 156.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,405 shares of the exchange traded fund’s stock valued at $326,000 after purchasing an additional 3,300 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.5 %

SPDR S&P Regional Banking ETF stock opened at $63.07 on Tuesday. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The stock has a market cap of $3.37 billion, a P/E ratio of 8.36 and a beta of 1.56. The company has a fifty day simple moving average of $63.62 and a 200-day simple moving average of $58.96.

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.