Fourth Dimension Wealth LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,161 shares of the exchange traded fund’s stock, valued at approximately $70,000.
Several other hedge funds have also recently bought and sold shares of the company. MGO One Seven LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 5.1% in the 4th quarter. MGO One Seven LLC now owns 4,178 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 201 shares in the last quarter. Benchmark Investment Advisors LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 1.6% in the 4th quarter. Benchmark Investment Advisors LLC now owns 16,143 shares of the exchange traded fund’s stock valued at $974,000 after purchasing an additional 255 shares in the last quarter. Principal Securities Inc. boosted 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 valued at $364,000 after purchasing an additional 285 shares in the last quarter. Joseph P. Lucia & Associates LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 2.0% in 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 purchasing an additional 358 shares in the last quarter. Finally, Cascade Financial Partners LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 7.3% in the 4th quarter. Cascade Financial Partners LLC now owns 5,878 shares of the exchange traded fund’s stock valued at $355,000 after purchasing an additional 400 shares in the last quarter.
SPDR S&P Regional Banking ETF Trading Down 0.4%
KRE opened at $56.40 on Friday. The company’s 50 day moving average is $54.82 and its 200-day moving average is $60.07. SPDR S&P Regional Banking ETF has a 1-year low of $45.76 and a 1-year high of $70.25. The company has a market cap of $3.22 billion, a P/E ratio of 12.43 and a beta of 0.89.
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.
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