Global Retirement Partners LLC Has $683,000 Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Global Retirement Partners LLC lifted its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 18.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,059 shares of the exchange traded fund’s stock after acquiring an additional 1,910 shares during the period. Global Retirement Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $683,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. SPC Financial Inc. raised its stake in shares of SPDR S&P Regional Banking ETF by 2.5% in the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 300 shares in the last quarter. CX Institutional raised its stake in shares of SPDR S&P Regional Banking ETF by 6.7% in the 3rd quarter. CX Institutional now owns 121,145 shares of the exchange traded fund’s stock valued at $6,857,000 after acquiring an additional 7,589 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of SPDR S&P Regional Banking ETF by 106.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,105 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 1,085 shares in the last quarter. Next Level Private LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $201,000. Finally, Private Advisory Group LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 2.7% in the 3rd quarter. Private Advisory Group LLC now owns 43,561 shares of the exchange traded fund’s stock valued at $2,466,000 after acquiring an additional 1,125 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE stock opened at $59.64 on Monday. The stock’s 50 day simple moving average is $56.20 and its 200 day simple moving average is $52.14. SPDR S&P Regional Banking ETF has a twelve month low of $37.66 and a twelve month high of $60.61. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.