SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Position Boosted by Principal Securities Inc.

Principal Securities Inc. raised its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,035 shares of the exchange traded fund’s stock after acquiring an additional 285 shares during the quarter. Principal Securities Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KRE. Lowe Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $25,000. Heck Capital Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $32,000. Larson Financial Group LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $57,000. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $67,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $68,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE opened at $61.42 on Friday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The business has a 50 day simple moving average of $62.35 and a 200 day simple moving average of $60.49. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week 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.