Founders Financial Securities LLC Buys New Shares in SPDR S&P Regional Banking ETF $KRE

Founders Financial Securities LLC bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,741 shares of the exchange traded fund’s stock, valued at approximately $1,756,000.

Several other large investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. bought a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $308,000. Juncture Wealth Strategies LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 7.7% in the 3rd quarter. Juncture Wealth Strategies LLC now owns 34,938 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 2,512 shares during the last quarter. Arvest Investments Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 3.3% in the 3rd quarter. Arvest Investments Inc. now owns 39,049 shares of the exchange traded fund’s stock worth $2,472,000 after purchasing an additional 1,244 shares during the last quarter. Stableford Capital II LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth about $2,064,000. Finally, Brighton Jones LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $203,000.

SPDR S&P Regional Banking ETF Stock Up 0.1%

Shares of KRE stock opened at $66.73 on Thursday. The company has a market capitalization of $3.79 billion, a P/E ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 12-month low of $47.06 and a 12-month high of $68.08. The firm has a 50-day moving average price of $62.64 and a 200 day moving average price of $62.31.

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.