Alliancebernstein L.P. Makes New $42.86 Million Investment in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Alliancebernstein L.P. acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 710,200 shares of the exchange traded fund’s stock, valued at approximately $42,861,000.

Several other large investors have also made changes to their positions in KRE. JPMorgan Chase & Co. raised its stake in SPDR S&P Regional Banking ETF by 1,861.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,701,950 shares of the exchange traded fund’s stock valued at $223,413,000 after purchasing an additional 3,513,217 shares during the period. EP Wealth Advisors LLC grew its holdings in SPDR S&P Regional Banking ETF by 1,910.8% during the 3rd 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. Raymond James Financial Inc. bought a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at $21,759,000. Terril Brothers Inc. lifted its stake in SPDR S&P Regional Banking ETF by 82.5% in the 4th quarter. Terril Brothers Inc. now owns 324,660 shares of the exchange traded fund’s stock worth $19,593,000 after purchasing an additional 146,760 shares in the last quarter. Finally, Ocean Park Asset Management LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 33.0% during the 4th quarter. Ocean Park Asset Management LLC now owns 276,744 shares of the exchange traded fund’s stock valued at $16,702,000 after purchasing an additional 68,641 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Down 4.0 %

Shares of SPDR S&P Regional Banking ETF stock opened at $49.26 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 12.74 and a beta of 1.09. SPDR S&P Regional Banking ETF has a twelve month low of $45.46 and a twelve month high of $70.25. The business has a 50-day moving average price of $60.07 and a 200-day moving average price of $60.95.

SPDR S&P Regional Banking ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.3782 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.