Allworth Financial LP Boosts Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Allworth Financial LP grew its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 97.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,701 shares of the exchange traded fund’s stock after buying an additional 840 shares during the quarter. Allworth Financial LP’s holdings in SPDR S&P Regional Banking ETF were worth $107,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Lowe Wealth Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $25,000. Heck Capital Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth $32,000. Larson Financial Group LLC bought a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $57,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at $67,000. Finally, Bristlecone Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth $68,000.

SPDR S&P Regional Banking ETF Trading Down 2.6 %

KRE stock opened at $61.42 on Monday. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The firm’s 50-day moving average price is $62.35 and its two-hundred day moving average price is $60.55. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25.

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.