KG&L Capital Management LLC Raises Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

KG&L Capital Management LLC raised its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.9% during the 1st quarter, Holdings Channel reports. The firm owned 21,879 shares of the exchange traded fund’s stock after buying an additional 402 shares during the quarter. KG&L Capital Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,244,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. purchased a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $32,000. Heck Capital Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $32,000. Lowe Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 80.1% in the 1st quarter. Lowe Wealth Advisors LLC now owns 744 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 331 shares during the last quarter. Finally, Provident Wealth Management LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter worth $51,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $58.14 on Thursday. The stock has a market cap of $3.17 billion, a PE ratio of 12.39 and a beta of 0.90. The firm has a fifty day moving average price of $56.45 and a 200 day moving average price of $58.58. SPDR S&P Regional Banking ETF has a 1 year low of $46.47 and a 1 year high of $70.25.

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.