Northwest & Ethical Investments L.P. Invests $910,000 in SPDR S&P Regional Banking ETF $KRE

Northwest & Ethical Investments L.P. purchased a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,300 shares of the exchange traded fund’s stock, valued at approximately $910,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 13.9% during the first quarter. CWM LLC now owns 2,044 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 250 shares during the last quarter. Cetera Investment Advisers raised its holdings in SPDR S&P Regional Banking ETF by 22.9% in the 1st quarter. Cetera Investment Advisers now owns 175,603 shares of the exchange traded fund’s stock worth $9,983,000 after acquiring an additional 32,706 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in SPDR S&P Regional Banking ETF in the 1st quarter valued at approximately $1,137,000. XTX Topco Ltd purchased a new stake in SPDR S&P Regional Banking ETF during the 1st quarter valued at $582,000. Finally, Arkadios Wealth Advisors boosted its stake in SPDR S&P Regional Banking ETF by 194.2% during the 1st quarter. Arkadios Wealth Advisors now owns 31,468 shares of the exchange traded fund’s stock valued at $1,789,000 after purchasing an additional 20,773 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Down 0.4%

SPDR S&P Regional Banking ETF stock opened at $63.17 on Friday. SPDR S&P Regional Banking ETF has a 12 month low of $47.06 and a 12 month high of $69.14. The stock has a fifty day simple moving average of $61.65 and a two-hundred day simple moving average of $61.20. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90.

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.