Calton & Associates Inc. Acquires 3,017 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Calton & Associates Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 11.0% during the fourth quarter, HoldingsChannel reports. The fund owned 30,500 shares of the exchange traded fund’s stock after purchasing an additional 3,017 shares during the quarter. SPDR S&P Regional Banking ETF comprises 0.8% of Calton & Associates Inc.’s holdings, making the stock its 26th largest position. Calton & Associates Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $1,841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $25,000. Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter worth $57,000. Future Financial Wealth Managment LLC bought a new position in SPDR S&P Regional Banking ETF during the third quarter worth $58,000. Bristlecone Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the third quarter worth $68,000. Finally, Armstrong Advisory Group Inc. lifted its holdings in SPDR S&P Regional Banking ETF by 25.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares during the period.

SPDR S&P Regional Banking ETF Trading Up 1.1 %

Shares of KRE opened at $64.32 on Friday. The firm’s fifty day simple moving average is $63.26 and its two-hundred day simple moving average is $59.60. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25. The stock has a market capitalization of $3.43 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.