Private Advisor Group LLC Purchases 13,140 Shares of SPDR S&P Regional Banking ETF $KRE

Private Advisor Group LLC boosted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 60.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,975 shares of the exchange traded fund’s stock after acquiring an additional 13,140 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $2,279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Elevation Point Wealth Partners LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 12.2% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 13,888 shares of the exchange traded fund’s stock valued at $905,000 after acquiring an additional 1,512 shares during the period. Cane Capital Partners LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 15.4% during the 1st quarter. Cane Capital Partners LLC now owns 16,305 shares of the exchange traded fund’s stock valued at $1,062,000 after purchasing an additional 2,176 shares during the last quarter. North Star Investment Management Corp. grew its holdings in SPDR S&P Regional Banking ETF by 2,733.7% during the 1st quarter. North Star Investment Management Corp. now owns 59,508 shares of the exchange traded fund’s stock valued at $3,877,000 after buying an additional 57,408 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 3.9% in the first quarter. Apollon Wealth Management LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 187 shares in the last quarter. Finally, Princeton Global Asset Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 1st quarter worth about $404,000.

SPDR S&P Regional Banking ETF Trading Up 0.5%

KRE opened at $75.02 on Friday. The firm has a market cap of $5.20 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 12 month low of $57.55 and a 12 month high of $76.84. The stock has a 50-day moving average of $71.26 and a 200 day moving average of $68.97.

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.