Steward Partners Investment Advisory LLC Has $1.30 Million Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Steward Partners Investment Advisory LLC lifted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,607 shares of the exchange traded fund’s stock after acquiring an additional 589 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,304,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. XML Financial LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 59.5% in the third quarter. XML Financial LLC now owns 8,759 shares of the exchange traded fund’s stock valued at $496,000 after purchasing an additional 3,268 shares in the last quarter. Sigma Planning Corp purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $211,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter worth about $856,000. Patten & Patten Inc. TN grew its stake in SPDR S&P Regional Banking ETF by 10.1% during the 3rd quarter. Patten & Patten Inc. TN now owns 81,236 shares of the exchange traded fund’s stock valued at $4,598,000 after acquiring an additional 7,465 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $565,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA KRE opened at $57.69 on Monday. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. The company has a 50 day simple moving average of $62.09 and a 200-day simple moving average of $60.99. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25.

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.