Grandview Asset Management LLC Has $1.81 Million Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Grandview Asset Management LLC decreased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,476 shares of the exchange traded fund’s stock after selling 775 shares during the period. Grandview Asset Management LLC owned 0.05% of SPDR S&P Regional Banking ETF worth $1,810,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new position in SPDR S&P Regional Banking ETF during the second quarter valued at about $25,000. SouthState Corp bought a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth about $27,000. Oakworth Capital Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth about $44,000. Provident Wealth Management LLC bought a new position in SPDR S&P Regional Banking ETF during the first quarter valued at about $51,000. Finally, GAMMA Investing LLC increased its stake in SPDR S&P Regional Banking ETF by 283.9% during the second quarter. GAMMA Investing LLC now owns 975 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 721 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 0.5%

Shares of KRE opened at $64.19 on Friday. The stock’s 50-day moving average price is $63.16 and its 200 day moving average price is $59.02. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 12-month low of $47.06 and a 12-month high of $70.25.

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.