Horizon Family Wealth Inc. Increases Position in SPDR S&P Regional Banking ETF $KRE

Horizon Family Wealth Inc. lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 25.3% during the second quarter, Holdings Channel reports. The institutional investor owned 11,272 shares of the exchange traded fund’s stock after purchasing an additional 2,276 shares during the period. Horizon Family Wealth Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $669,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 718.8% during the second quarter. Farther Finance Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $86,000 after acquiring an additional 1,265 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $205,000. Envestnet Asset Management Inc. lifted its stake in SPDR S&P Regional Banking ETF by 10.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 94,211 shares of the exchange traded fund’s stock worth $5,356,000 after purchasing an additional 9,268 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 283.9% during the 2nd quarter. GAMMA Investing LLC now owns 975 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 721 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of SPDR S&P Regional Banking ETF by 22.9% during the 1st quarter. Cetera Investment Advisers now owns 175,603 shares of the exchange traded fund’s stock valued at $9,983,000 after purchasing an additional 32,706 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Up 0.2%

Shares of KRE stock opened at $60.92 on Friday. SPDR S&P Regional Banking ETF has a 12-month low of $47.06 and a 12-month high of $70.25. The stock’s 50-day moving average price is $62.33 and its 200-day moving average price is $60.89. The stock has a market capitalization of $3.46 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90.

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.