GM Advisory Group LLC Raises Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

GM Advisory Group LLC raised its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,205 shares of the exchange traded fund’s stock after acquiring an additional 450 shares during the period. GM Advisory Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $435,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KRE. Trust Co. of Toledo NA OH grew its holdings in SPDR S&P Regional Banking ETF by 4.7% during the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 193 shares during the period. Armstrong Advisory Group Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares in the last quarter. Principal Securities Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 285 shares during the period. Joseph P. Lucia & Associates LLC increased its holdings in SPDR S&P Regional Banking ETF by 2.0% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 358 shares in the last quarter. Finally, Cascade Financial Partners LLC raised its stake in SPDR S&P Regional Banking ETF by 7.3% during the 4th quarter. Cascade Financial Partners LLC now owns 5,878 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 400 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock opened at $57.68 on Thursday. The company’s fifty day moving average price is $61.44 and its 200-day moving average price is $60.92. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 12.46 and a beta of 1.09.

About SPDR S&P Regional Banking ETF

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.