SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Stock Position Lifted by MGO One Seven LLC

MGO One Seven LLC grew its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,178 shares of the exchange traded fund’s stock after acquiring an additional 201 shares during the quarter. MGO One Seven LLC’s holdings in SPDR S&P Regional Banking ETF were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Soros Capital Management LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter worth $10,030,000. IHT Wealth Management LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 46.0% in the 4th quarter. IHT Wealth Management LLC now owns 15,040 shares of the exchange traded fund’s stock valued at $908,000 after buying an additional 4,738 shares during the period. Stifel Financial Corp boosted its holdings in shares of SPDR S&P Regional Banking ETF by 75.4% in the 4th quarter. Stifel Financial Corp now owns 231,752 shares of the exchange traded fund’s stock valued at $13,987,000 after buying an additional 99,605 shares during the period. Vectors Research Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at about $210,000. Finally, Tower Research Capital LLC TRC raised its stake in SPDR S&P Regional Banking ETF by 24,889.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 29,487 shares of the exchange traded fund’s stock worth $1,780,000 after acquiring an additional 29,369 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 0.9 %

Shares of KRE stock opened at $54.76 on Wednesday. The business has a 50 day moving average of $55.33 and a two-hundred day moving average of $60.31. The company has a market cap of $3.20 billion, a P/E ratio of 11.38 and a beta of 0.93. SPDR S&P Regional Banking ETF has a 52 week low of $45.76 and a 52 week 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.