First Financial Bankshares Inc Raises Stock Holdings in SPDR S&P Regional Banking ETF $KRE

First Financial Bankshares Inc raised its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 25.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 492,530 shares of the exchange traded fund’s stock after purchasing an additional 99,254 shares during the quarter. First Financial Bankshares Inc’s holdings in SPDR S&P Regional Banking ETF were worth $31,921,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in KRE. SAM Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 1.1% during the 4th quarter. SAM Advisors LLC now owns 62,403 shares of the exchange traded fund’s stock valued at $4,044,000 after buying an additional 701 shares in the last quarter. Group One Trading LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 210.7% during the 4th quarter. Group One Trading LLC now owns 72,866 shares of the exchange traded fund’s stock valued at $4,722,000 after buying an additional 49,412 shares in the last quarter. Agave Capital Management Ltd bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $28,572,000. Eldridge Investment Advisors Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF by 3.8% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 51,105 shares of the exchange traded fund’s stock valued at $3,312,000 after buying an additional 1,867 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 1.4% during the 4th quarter. Cerity Partners LLC now owns 77,577 shares of the exchange traded fund’s stock valued at $5,028,000 after buying an additional 1,108 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.0%

Shares of KRE stock opened at $72.35 on Friday. SPDR S&P Regional Banking ETF has a 12 month low of $55.55 and a 12 month high of $74.08. The stock has a market cap of $4.35 billion, a PE ratio of 12.39 and a beta of 0.84. The company’s fifty day moving average price is $69.11 and its 200-day moving average price is $67.71.

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.