SPDR S&P Regional Banking ETF $KRE Shares Bought by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 19.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,658 shares of the exchange traded fund’s stock after purchasing an additional 7,484 shares during the period. SPDR S&P Regional Banking ETF accounts for 1.3% of Game Plan Financial Advisors LLC’s holdings, making the stock its 27th biggest position. Game Plan Financial Advisors LLC owned about 0.08% of SPDR S&P Regional Banking ETF worth $2,596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KRE. Comerica Bank lifted its holdings in SPDR S&P Regional Banking ETF by 11.6% during the fourth quarter. Comerica Bank now owns 7,668 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 800 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in SPDR S&P Regional Banking ETF by 6.0% during the fourth quarter. Ameriprise Financial Inc. now owns 719,194 shares of the exchange traded fund’s stock valued at $43,396,000 after purchasing an additional 40,784 shares in the last quarter. Baird Financial Group Inc. purchased a new position in SPDR S&P Regional Banking ETF during the fourth quarter valued at $232,000. Focus Partners Wealth purchased a new position in SPDR S&P Regional Banking ETF during the fourth quarter valued at $484,000. Finally, LMR Partners LLP purchased a new position in SPDR S&P Regional Banking ETF during the fourth quarter valued at $3,210,000.

SPDR S&P Regional Banking ETF Stock Up 0.1%

KRE opened at $65.52 on Tuesday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 52-week low of $47.06 and a 52-week high of $70.25. The firm’s fifty day simple moving average is $62.66 and its two-hundred day simple moving average is $58.47.

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.