Brookstone Capital Management Buys Shares of 26,026 SPDR S&P Regional Banking ETF $KRE

Brookstone Capital Management purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 26,026 shares of the exchange traded fund’s stock, valued at approximately $1,687,000.

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

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $66.00 on Friday. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a twelve month low of $47.06 and a twelve month high of $74.08. The company’s fifty day moving average is $67.60 and its 200 day moving average is $65.16.

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.