Allspring Global Investments Holdings LLC Purchases New Holdings in SPDR S&P Regional Banking ETF $KRE

Allspring Global Investments Holdings LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 555,800 shares of the exchange traded fund’s stock, valued at approximately $36,021,000. Allspring Global Investments Holdings LLC owned about 0.88% of SPDR S&P Regional Banking ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in KRE. Cresset Asset Management LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $343,000. Shepherd Financial Partners LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 2.8% during the 2nd quarter. Shepherd Financial Partners LLC now owns 36,422 shares of the exchange traded fund’s stock worth $2,163,000 after acquiring an additional 981 shares during the period. Quantum Portfolio Management LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 3.2% during the 2nd quarter. Quantum Portfolio Management LLC now owns 7,053 shares of the exchange traded fund’s stock worth $419,000 after acquiring an additional 218 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock worth $4,413,000 after buying an additional 505 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $295,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA KRE opened at $66.00 on Friday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. The stock’s fifty day moving average price is $67.63 and its two-hundred day moving average price is $65.15. SPDR S&P Regional Banking ETF has a one year low of $47.06 and a one year high of $74.08.

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.