Nwam LLC Invests $779,000 in SPDR S&P Regional Banking ETF $KRE

Nwam LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,405 shares of the exchange traded fund’s stock, valued at approximately $779,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KRE. MGO One Seven LLC increased its holdings in SPDR S&P Regional Banking ETF by 4.3% in the 4th quarter. MGO One Seven LLC now owns 3,771 shares of the exchange traded fund’s stock valued at $244,000 after buying an additional 156 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 3.9% during the 1st quarter. Apollon Wealth Management LLC now owns 5,029 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 187 shares during the period. IFG Advisory LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 2.3% during the 4th quarter. IFG Advisory LLC now owns 8,581 shares of the exchange traded fund’s stock valued at $556,000 after acquiring an additional 189 shares in the last quarter. Evansbrook LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 3.9% during the 1st quarter. Evansbrook LLC now owns 5,290 shares of the exchange traded fund’s stock valued at $345,000 after acquiring an additional 200 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp increased its stake in SPDR S&P Regional Banking ETF by 20.6% in the second quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 206 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 2.2%

NYSEARCA:KRE opened at $74.24 on Thursday. SPDR S&P Regional Banking ETF has a 12-month low of $57.55 and a 12-month high of $78.35. The firm has a market capitalization of $4.52 billion, a PE ratio of 12.39 and a beta of 0.84. The firm has a 50-day moving average price of $75.62 and a 200 day moving average price of $70.99.

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.