SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Position Increased by Cerity Partners LLC

Cerity Partners LLC raised its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 32.6% in the 4th quarter, Holdings Channel reports. The firm owned 69,798 shares of the exchange traded fund’s stock after purchasing an additional 17,165 shares during the quarter. Cerity Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $3,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Money Concepts Capital Corp bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $29,000. Simplex Trading LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the third quarter worth about $33,000. Brown Brothers Harriman & Co. grew its position in shares of SPDR S&P Regional Banking ETF by 351.1% during the first quarter. Brown Brothers Harriman & Co. now owns 600 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 467 shares during the last quarter. PCA Investment Advisory Services Inc. bought a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth about $41,000. Finally, Ancora Advisors LLC grew its position in shares of SPDR S&P Regional Banking ETF by 276.8% during the first quarter. Ancora Advisors LLC now owns 1,021 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 750 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $45.83 on Thursday. The company has a 50-day simple moving average of $48.24 and a 200-day simple moving average of $47.17. The firm has a market capitalization of $2.33 billion, a P/E ratio of 8.27 and a beta of 1.56. SPDR S&P Regional Banking ETF has a one year low of $34.52 and a one year high of $54.47.

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.