Cane Capital Partners LLC Takes $916,000 Position in SPDR S&P Regional Banking ETF $KRE

Cane Capital Partners LLC bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 14,129 shares of the exchange traded fund’s stock, valued at approximately $916,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $102,000. First American Bank increased its position in shares of SPDR S&P Regional Banking ETF by 2.9% during the fourth quarter. First American Bank now owns 63,929 shares of the exchange traded fund’s stock valued at $4,143,000 after acquiring an additional 1,813 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 2,263.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,749 shares of the exchange traded fund’s stock valued at $113,000 after acquiring an additional 1,675 shares in the last quarter. Toth Financial Advisory Corp increased its position in shares of SPDR S&P Regional Banking ETF by 2.9% during the fourth quarter. Toth Financial Advisory Corp now owns 6,579 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 188 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors bought a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $750,000.

SPDR S&P Regional Banking ETF Stock Up 0.2%

Shares of KRE opened at $66.75 on Wednesday. The company has a market capitalization of $3.99 billion, a P/E ratio of 12.39 and a beta of 0.89. The firm has a 50 day moving average of $67.54 and a 200 day moving average of $65.19. SPDR S&P Regional Banking ETF has a twelve month low of $47.22 and a twelve month high of $74.08.

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.