Meriwether Wealth & Planning LLC Acquires Shares of 8,218 SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Meriwether Wealth & Planning LLC purchased a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,218 shares of the exchange traded fund’s stock, valued at approximately $496,000.

A number of other institutional investors have also recently made changes to their positions in KRE. Trust Co. of Toledo NA OH increased its holdings in SPDR S&P Regional Banking ETF by 4.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 193 shares during the period. Armstrong Advisory Group Inc. raised its stake in SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 255 shares during the last quarter. Principal Securities Inc. raised its stake in SPDR S&P Regional Banking ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 285 shares during the last quarter. Joseph P. Lucia & Associates LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock worth $1,104,000 after buying an additional 358 shares in the last quarter. Finally, Lowe Wealth Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $25,000.

SPDR S&P Regional Banking ETF Trading Down 0.1 %

Shares of KRE stock opened at $57.69 on Monday. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. The stock has a 50 day simple moving average of $62.09 and a 200-day simple moving average of $60.99.

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.