3,626 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Bought by Larson Financial Group LLC

Larson Financial Group LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,626 shares of the exchange traded fund’s stock, valued at approximately $190,000.

A number of other hedge funds have also recently added to or reduced their stakes in KRE. Jamison Private Wealth Management Inc. raised its position in SPDR S&P Regional Banking ETF by 11.6% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,744 shares of the exchange traded fund’s stock worth $144,000 after acquiring an additional 286 shares during the period. Flputnam Investment Management Co. raised its position in SPDR S&P Regional Banking ETF by 0.4% during the fourth quarter. Flputnam Investment Management Co. now owns 80,407 shares of the exchange traded fund’s stock worth $4,216,000 after acquiring an additional 316 shares during the period. Clearstead Advisors LLC raised its position in SPDR S&P Regional Banking ETF by 1.2% during the third quarter. Clearstead Advisors LLC now owns 32,654 shares of the exchange traded fund’s stock worth $1,364,000 after acquiring an additional 375 shares during the period. Cowa LLC raised its position in SPDR S&P Regional Banking ETF by 4.7% during the third quarter. Cowa LLC now owns 8,584 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 389 shares during the period. Finally, Valeo Financial Advisors LLC raised its position in SPDR S&P Regional Banking ETF by 5.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock worth $481,000 after acquiring an additional 456 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 0.6 %

Shares of NYSEARCA KRE opened at $49.03 on Thursday. The firm has a 50-day simple moving average of $48.23 and a 200-day simple moving average of $47.41. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 8.27 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 52 week low of $34.52 and a 52 week high of $54.47.

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.