WESPAC Advisors LLC Takes Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

WESPAC Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,933 shares of the exchange traded fund’s stock, valued at approximately $418,000.

A number of other large investors have also modified their holdings of KRE. EP Wealth Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after buying an additional 427,473 shares in the last quarter. Holocene Advisors LP grew its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after buying an additional 311,147 shares in the last quarter. Parcion Private Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $14,189,000. DAVENPORT & Co LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $14,868,000. Finally, Quadrature Capital Ltd purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $13,938,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $61.42 on Friday. The company has a market capitalization of $3.28 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The stock has a 50-day moving average price of $62.35 and a 200 day moving average price of $60.49.

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.