Snowden Capital Advisors LLC Buys New Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Snowden Capital Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,328 shares of the exchange traded fund’s stock, valued at approximately $1,227,000.

Other large investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $26,000. Valley Wealth Managers Inc. grew its position in SPDR S&P Regional Banking ETF by 22,750.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the fourth quarter valued at about $32,000. Lee Danner & Bass Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $54,000. Finally, JFS Wealth Advisors LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 295.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 706 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA KRE opened at $59.24 on Monday. SPDR S&P Regional Banking ETF has a 1-year low of $45.76 and a 1-year high of $70.25. The firm has a market capitalization of $3.38 billion, a P/E ratio of 12.43 and a beta of 0.89. The business’s 50-day simple moving average is $54.71 and its 200-day simple moving average is $60.13.

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.