Cwm LLC Raises Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Cwm LLC lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 19.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,350 shares of the exchange traded fund’s stock after purchasing an additional 712 shares during the quarter. Cwm LLC’s holdings in SPDR S&P Regional Banking ETF were worth $228,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Riggs Asset Managment Co. Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at $484,000. Dupree Financial Group LLC bought a new stake in SPDR S&P Regional Banking ETF in the fourth quarter worth about $3,831,000. J.W. Cole Advisors Inc. boosted its position in shares of SPDR S&P Regional Banking ETF by 54.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 11,183 shares of the exchange traded fund’s stock valued at $586,000 after buying an additional 3,947 shares during the period. Evolution Wealth Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $315,000. Finally, Naples Money Management LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth approximately $104,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE stock opened at $49.65 on Friday. SPDR S&P Regional Banking ETF has a 52-week low of $34.52 and a 52-week high of $54.47. The firm has a market capitalization of $2.65 billion, a P/E ratio of 8.36 and a beta of 1.56. The stock has a 50 day moving average price of $48.25 and a 200 day moving average price of $47.72.

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.