Lido Advisors LLC boosted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 129.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 53,565 shares of the exchange traded fund’s stock after purchasing an additional 30,194 shares during the period. Lido Advisors LLC owned about 0.09% of SPDR S&P Regional Banking ETF worth $3,490,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the business. MGO One Seven LLC raised its position in shares of SPDR S&P Regional Banking ETF by 4.3% in the 4th quarter. MGO One Seven LLC now owns 3,771 shares of the exchange traded fund’s stock valued at $244,000 after purchasing an additional 156 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 3.8% during the 4th quarter. Apollon Wealth Management LLC now owns 4,842 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 178 shares during the last quarter. Toth Financial Advisory Corp grew its position in shares of SPDR S&P Regional Banking ETF by 2.9% during the fourth quarter. Toth Financial Advisory Corp now owns 6,579 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 188 shares in the last quarter. IFG Advisory LLC grew its position in shares of SPDR S&P Regional Banking ETF by 2.3% during the fourth quarter. IFG Advisory LLC now owns 8,581 shares of the exchange traded fund’s stock worth $556,000 after buying an additional 189 shares in the last quarter. Finally, Spire Wealth Management increased its stake in shares of SPDR S&P Regional Banking ETF by 14.4% in the fourth quarter. Spire Wealth Management now owns 1,608 shares of the exchange traded fund’s stock worth $104,000 after buying an additional 203 shares during the last quarter.
SPDR S&P Regional Banking ETF Price Performance
KRE opened at $75.73 on Friday. The stock has a market capitalization of $4.73 billion, a PE ratio of 12.39 and a beta of 0.84. The firm’s fifty day moving average price is $72.66 and its 200 day moving average price is $69.67. SPDR S&P Regional Banking ETF has a 12-month low of $57.55 and a 12-month high of $78.10.
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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