Brighton Jones LLC Invests $217,000 in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Brighton Jones LLC bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, Holdings Channel reports. The firm bought 4,132 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Several other large investors also recently made changes to their positions in KRE. Simplex Trading LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter worth $33,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $53,000. Allworth Financial LP boosted its holdings in SPDR S&P Regional Banking ETF by 219.5% in the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after acquiring an additional 900 shares during the last quarter. Naples Money Management LLC bought a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $104,000. Finally, Friedenthal Financial bought a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $113,000.

SPDR S&P Regional Banking ETF Stock Up 1.3 %

SPDR S&P Regional Banking ETF stock opened at $49.65 on Friday. The business’s 50-day simple moving average is $48.25 and its 200 day simple moving average is $47.72. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12-month low of $34.52 and a 12-month high of $54.47.

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.