Delta Financial Group Inc. purchased a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) during the 3rd quarter, Holdings Channel reports. The firm purchased 4,008 shares of the exchange traded fund’s stock, valued at approximately $227,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth $26,000. Clear Point Advisors Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the 1st quarter worth $44,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter valued at about $50,000. Family Firm Inc. bought a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at about $60,000. Finally, Woodmont Investment Counsel LLC bought a new stake in SPDR S&P Regional Banking ETF in the first quarter valued at about $63,000.
SPDR S&P Regional Banking ETF Stock Up 0.2 %
NYSEARCA KRE opened at $54.72 on Friday. The stock has a market cap of $2.92 billion, a P/E ratio of 8.36 and a beta of 1.56. The company’s 50-day simple moving average is $55.70 and its 200 day simple moving average is $51.42. SPDR S&P Regional Banking ETF has a twelve month low of $37.66 and a twelve month high of $59.59.
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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