Carnegie Capital Asset Management LLC Boosts Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Carnegie Capital Asset Management LLC raised its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,285 shares of the exchange traded fund’s stock after purchasing an additional 705 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $237,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of KRE. Tobias Financial Advisors Inc. purchased a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $34,000. Dowling & Yahnke LLC purchased a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $35,000. CWM LLC boosted its holdings in SPDR S&P Regional Banking ETF by 126.8% in the first quarter. CWM LLC now owns 1,379 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 771 shares during the last quarter. Whittier Trust Co. boosted its holdings in SPDR S&P Regional Banking ETF by 333.3% in the first quarter. Whittier Trust Co. now owns 1,430 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 1,100 shares during the last quarter. Finally, 1776 Wealth LLC boosted its holdings in SPDR S&P Regional Banking ETF by 41.7% in the first quarter. 1776 Wealth LLC now owns 1,519 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 447 shares during the last quarter.

Shares of SPDR S&P Regional Banking ETF stock opened at $34.93 on Friday. The firm has a 50-day simple moving average of $34.31 and a two-hundred day simple moving average of $47.96. SPDR S&P Regional Banking ETF has a fifty-two week low of $27.26 and a fifty-two week high of $59.38.

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.

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

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