John G Ullman & Associates Inc. Acquires Shares of 4,300 SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

John G Ullman & Associates Inc. bought a new stake 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 Securities & Exchange Commission. The fund bought 4,300 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other hedge funds also recently modified their holdings of KRE. Blair William & Co. IL boosted its position in shares of SPDR S&P Regional Banking ETF by 20.5% during the first quarter. Blair William & Co. IL now owns 17,023 shares of the exchange traded fund’s stock valued at $1,173,000 after buying an additional 2,899 shares during the last quarter. Cetera Investment Advisers boosted its position in SPDR S&P Regional Banking ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 49,150 shares of the exchange traded fund’s stock worth $3,386,000 after purchasing an additional 1,364 shares during the last quarter. Moors & Cabot Inc. boosted its position in SPDR S&P Regional Banking ETF by 170.3% in the first quarter. Moors & Cabot Inc. now owns 8,689 shares of the exchange traded fund’s stock worth $599,000 after purchasing an additional 5,474 shares during the last quarter. Baird Financial Group Inc. boosted its position in SPDR S&P Regional Banking ETF by 133.1% in the first quarter. Baird Financial Group Inc. now owns 71,351 shares of the exchange traded fund’s stock worth $4,916,000 after purchasing an additional 40,746 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new position in SPDR S&P Regional Banking ETF in the first quarter worth $1,093,000.

SPDR S&P Regional Banking ETF Trading Up 2.6 %

KRE stock opened at $47.32 on Friday. The stock’s fifty day simple moving average is $48.21 and its two-hundred day simple moving average is $47.21. SPDR S&P Regional Banking ETF has a 1-year low of $34.52 and a 1-year high of $54.47. The stock has a market cap of $2.40 billion, a P/E ratio of 8.27 and a beta of 1.56.

SPDR S&P Regional Banking ETF 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.