National Bank of Canada FI lifted its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 84.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,562 shares of the exchange traded fund’s stock after purchasing an additional 36,075 shares during the period. National Bank of Canada FI’s holdings in SPDR S&P Regional Banking ETF were worth $4,741,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the stock. Trust Co. of Toledo NA OH grew its stake in SPDR S&P Regional Banking ETF by 4.7% in the fourth 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. grew its position in shares of SPDR S&P Regional Banking ETF by 25.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after buying an additional 255 shares during the period. Principal Securities Inc. increased its stake in shares of SPDR S&P Regional Banking ETF by 5.0% in the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock worth $364,000 after acquiring an additional 285 shares in the last quarter. Joseph P. Lucia & Associates LLC lifted its position in 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 valued at $1,104,000 after acquiring an additional 358 shares during the period. Finally, Cascade Financial Partners LLC boosted its stake in SPDR S&P Regional Banking ETF by 7.3% during the fourth quarter. Cascade Financial Partners LLC now owns 5,878 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 400 shares in the last quarter.
SPDR S&P Regional Banking ETF Stock Performance
Shares of NYSEARCA KRE opened at $49.26 on Monday. The company has a 50 day simple moving average of $60.07 and a two-hundred day simple moving average of $60.98. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 12.74 and a beta of 1.09.
SPDR S&P Regional Banking ETF Dividend Announcement
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.
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