Valeo Financial Advisors LLC Raises Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Valeo Financial Advisors LLC raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,179 shares of the exchange traded fund’s stock after buying an additional 456 shares during the quarter. Valeo Financial Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $481,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Round Rock Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 7.2% in the 4th quarter. Round Rock Advisors LLC now owns 76,247 shares of the exchange traded fund’s stock valued at $3,998,000 after buying an additional 5,126 shares in the last quarter. Cerity Partners LLC lifted its position in SPDR S&P Regional Banking ETF by 32.6% during the fourth quarter. Cerity Partners LLC now owns 69,798 shares of the exchange traded fund’s stock valued at $3,660,000 after acquiring an additional 17,165 shares during the last quarter. Sandy Spring Bank boosted its stake in SPDR S&P Regional Banking ETF by 4.4% in the fourth quarter. Sandy Spring Bank now owns 44,454 shares of the exchange traded fund’s stock valued at $2,331,000 after acquiring an additional 1,871 shares in the last quarter. Aaron Wealth Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter worth $246,000. Finally, Geneos Wealth Management Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 3.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 26,478 shares of the exchange traded fund’s stock worth $1,388,000 after purchasing an additional 1,002 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 0.9 %

Shares of KRE opened at $46.52 on Monday. The firm has a market cap of $2.36 billion, a PE ratio of 8.27 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12 month low of $34.52 and a 12 month high of $54.47. The stock has a fifty day moving average price of $48.30 and a 200-day moving average price of $47.11.

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.