SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,010 shares of the exchange traded fund’s stock after acquiring an additional 1,408 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P Regional Banking ETF were worth $1,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lowe Wealth Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $25,000. Valley Wealth Managers Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 22,750.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $32,000. JFS Wealth Advisors LLC raised its holdings in SPDR S&P Regional Banking ETF by 295.4% during the fourth 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 last quarter. Finally, Larson Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF during the third quarter worth $57,000.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $61.26 on Friday. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The stock’s fifty day moving average is $62.27 and its two-hundred day moving average is $60.67.

SPDR S&P Regional Banking ETF 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.