10,451 Shares in SPDR S&P Regional Banking ETF $KRE Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,451 shares of the exchange traded fund’s stock, valued at approximately $662,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bessemer Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 23.5% during the second quarter. Bessemer Group Inc. now owns 2,001,499 shares of the exchange traded fund’s stock valued at $118,869,000 after acquiring an additional 381,080 shares during the period. B & T Capital Management DBA Alpha Capital Management acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter worth about $21,066,000. Highlander Partners L.P. bought a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter worth about $11,878,000. Community Trust & Investment Co. acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $10,896,000. Finally, Garda Capital Partners LP bought a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $8,166,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $67.48 on Friday. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. The company has a 50 day moving average of $64.12 and a 200-day moving average of $63.07. SPDR S&P Regional Banking ETF has a one year low of $47.06 and a one year high of $68.67.

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.