8,000 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Acquired by Carr Financial Group Corp

Carr Financial Group Corp acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,000 shares of the exchange traded fund’s stock, valued at approximately $483,000.

Other institutional investors also recently modified their holdings of the company. Wealthcare Advisory Partners LLC increased its position in shares of SPDR S&P Regional Banking ETF by 25.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 2,251 shares during the last quarter. Silver Lake Advisory LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the second quarter worth approximately $229,000. Toth Financial Advisory Corp increased its position in shares of SPDR S&P Regional Banking ETF by 20.3% in the third quarter. Toth Financial Advisory Corp now owns 4,270 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 721 shares during the last quarter. Stephens Inc. AR boosted its stake in SPDR S&P Regional Banking ETF by 5.2% in the third quarter. Stephens Inc. AR now owns 25,767 shares of the exchange traded fund’s stock worth $1,458,000 after buying an additional 1,270 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in SPDR S&P Regional Banking ETF by 14.1% in the third quarter. Arkadios Wealth Advisors now owns 9,363 shares of the exchange traded fund’s stock worth $530,000 after buying an additional 1,159 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE opened at $63.33 on Friday. The firm has a market cap of $3.38 billion, a P/E ratio of 8.36 and a beta of 1.56. The stock has a 50 day simple moving average of $63.39 and a two-hundred day simple moving average of $59.24. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25.

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.