SPDR S&P Regional Banking ETF (KRE) Shares Bought by Paradigm Financial Advisors LLC

Paradigm Financial Advisors LLC grew its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 8.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,361 shares of the exchange traded fund’s stock after acquiring an additional 9,008 shares during the quarter. SPDR S&P Regional Banking ETF accounts for 2.6% of Paradigm Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Paradigm Financial Advisors LLC owned approximately 0.14% of SPDR S&P Regional Banking ETF worth $6,557,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN increased its stake in SPDR S&P Regional Banking ETF by 55.8% in the 2nd quarter. Wells Fargo & Company MN now owns 1,970,493 shares of the exchange traded fund’s stock worth $120,201,000 after acquiring an additional 705,468 shares during the last quarter. Cornerstone Wealth Management LLC increased its stake in SPDR S&P Regional Banking ETF by 16,464.3% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,324,317 shares of the exchange traded fund’s stock worth $21,527,000 after acquiring an additional 1,316,322 shares during the last quarter. Gendell Jeffrey L increased its stake in SPDR S&P Regional Banking ETF by 113.5% in the 2nd quarter. Gendell Jeffrey L now owns 978,747 shares of the exchange traded fund’s stock worth $59,703,000 after acquiring an additional 520,248 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in SPDR S&P Regional Banking ETF by 26.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 903,919 shares of the exchange traded fund’s stock worth $55,139,000 after acquiring an additional 187,492 shares during the last quarter. Finally, Aviance Capital Management LLC increased its stake in SPDR S&P Regional Banking ETF by 25.4% in the 2nd quarter. Aviance Capital Management LLC now owns 628,688 shares of the exchange traded fund’s stock worth $38,350,000 after acquiring an additional 127,526 shares during the last quarter.

NYSEARCA:KRE opened at $55.46 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $50.69 and a 1 year high of $66.04.

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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.

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Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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