Copia Wealth Management Purchases 1,589 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Copia Wealth Management grew its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3,695.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,632 shares of the exchange traded fund’s stock after acquiring an additional 1,589 shares during the quarter. Copia Wealth Management’s holdings in SPDR S&P Regional Banking ETF were worth $93,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in KRE. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at $26,000. Valley Wealth Managers Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 455 shares during the last quarter. Vermillion Wealth Management Inc. purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth about $32,000. Heck Capital Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth about $32,000. Finally, Lowe Wealth Advisors LLC lifted its holdings in SPDR S&P Regional Banking ETF by 80.1% during the 1st quarter. Lowe Wealth Advisors LLC now owns 744 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 331 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

SPDR S&P Regional Banking ETF stock opened at $56.49 on Tuesday. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 12.43 and a beta of 0.90. The firm has a 50-day moving average of $55.57 and a two-hundred day moving average of $58.93. SPDR S&P Regional Banking ETF has a 1 year low of $45.79 and a 1 year high of $70.25.

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.