SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $71.61 and last traded at $70.6150, with a volume of 8193308 shares. The stock had previously closed at $70.04.
SPDR S&P Regional Banking ETF Stock Performance
The stock has a market cap of $4.52 billion, a P/E ratio of 12.39 and a beta of 0.90. The stock has a 50-day moving average price of $67.08 and a 200-day moving average price of $63.95.
Institutional Trading of SPDR S&P Regional Banking ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. Aventura Private Wealth LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $26,000. Realta Investment Advisors bought a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at about $27,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth about $35,000. Accent Capital Management LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 300 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $39,000.
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.
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