Intellus Advisors LLC Takes Position in SPDR S&P Regional Banking ETF $KRE

Intellus Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 32,115 shares of the exchange traded fund’s stock, valued at approximately $2,033,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Realta Investment Advisors bought a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at $27,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $35,000. Accent Capital Management LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 300 shares during the period. Mountain Hill Investment Partners Corp. bought a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $39,000. Finally, Fifth Third Bancorp boosted its stake in shares of SPDR S&P Regional Banking ETF by 73.6% during the 3rd quarter. Fifth Third Bancorp now owns 1,349 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 572 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA KRE opened at $64.91 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $74.08. The stock has a market capitalization of $4.06 billion, a P/E ratio of 12.39 and a beta of 0.90. The company’s 50-day moving average is $68.75 and its 200 day moving average is $65.24.

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.