Providence First Trust Co Buys Shares of 11,350 SPDR S&P Regional Banking ETF $KRE

Providence First Trust Co purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,350 shares of the exchange traded fund’s stock, valued at approximately $736,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Cresset Asset Management LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $343,000. Cerity Partners LLC increased its stake 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 purchasing an additional 505 shares in the last quarter. Engineers Gate Manager LP acquired a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth approximately $2,058,000. HRT Financial LP acquired a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth approximately $2,900,000. Finally, Man Group plc lifted its stake in SPDR S&P Regional Banking ETF by 607.1% in the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock valued at $2,891,000 after buying an additional 58,281 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA:KRE opened at $69.92 on Wednesday. The business’s fifty day moving average price is $66.94 and its two-hundred day moving average price is $66.00. The stock has a market cap of $4.21 billion, a PE ratio of 12.39 and a beta of 0.86. SPDR S&P Regional Banking ETF has a one year low of $55.05 and a one year 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.