Chicago Partners Investment Group LLC Takes $205,000 Position in SPDR S&P Regional Banking ETF $KRE

Chicago Partners Investment Group LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,228 shares of the exchange traded fund’s stock, valued at approximately $205,000.

Other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $25,000. SouthState Corp bought a new position in SPDR S&P Regional Banking ETF in the 1st quarter valued at $27,000. Oakworth Capital Inc. bought a new position in SPDR S&P Regional Banking ETF in the 1st quarter valued at $44,000. Trust Co. of Vermont bought a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $53,000. Finally, Private Wealth Asset Management LLC boosted its position in SPDR S&P Regional Banking ETF by 114.9% in the 2nd quarter. Private Wealth Asset Management LLC now owns 935 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 500 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $61.22 on Friday. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. The business’s fifty day moving average price is $63.47 and its two-hundred day moving average price is $59.94. SPDR S&P Regional Banking ETF has a 52 week low of $47.06 and a 52 week high of $70.25.

About SPDR S&P Regional Banking ETF

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.