2,104 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,104 shares of the exchange traded fund’s stock, valued at approximately $127,000.

Other hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR S&P Regional Banking ETF by 106.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,105 shares of the exchange traded fund’s stock valued at $119,000 after buying an additional 1,085 shares during the last quarter. SPC Financial Inc. boosted its stake in SPDR S&P Regional Banking ETF by 2.5% during the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 300 shares during the last quarter. Global Retirement Partners LLC boosted its stake in SPDR S&P Regional Banking ETF by 18.8% during the 3rd quarter. Global Retirement Partners LLC now owns 12,059 shares of the exchange traded fund’s stock valued at $683,000 after acquiring an additional 1,910 shares during the last quarter. Friedenthal Financial acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $120,000. Finally, Raymond James & Associates increased its position in shares of SPDR S&P Regional Banking ETF by 16.2% in the 3rd quarter. Raymond James & Associates now owns 193,571 shares of the exchange traded fund’s stock worth $10,956,000 after purchasing an additional 27,018 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $63.41 on Thursday. The firm has a market cap of $3.39 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The firm’s 50-day simple moving average is $62.65 and its 200-day simple moving average is $60.10.

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.