Moody Lynn Lieberson & Walker LLC Buys New Shares in SPDR S&P Regional Banking ETF $KRE

Moody Lynn Lieberson & Walker LLC bought a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 18,945 shares of the exchange traded fund’s stock, valued at approximately $1,418,000.

Several other hedge funds also recently bought and sold shares of the company. Arax Advisory Partners bought a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth about $25,000. MWA Asset Management bought a new stake in SPDR S&P Regional Banking ETF during the 1st quarter valued at approximately $46,000. UMB Bank n.a. bought a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $52,000. Assetmark Inc. lifted its holdings in SPDR S&P Regional Banking ETF by 207.0% in the 4th quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 714 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $70,000.

SPDR S&P Regional Banking ETF Price Performance

KRE stock opened at $77.38 on Thursday. SPDR S&P Regional Banking ETF has a 1-year low of $57.55 and a 1-year high of $78.35. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84. The business has a 50 day simple moving average of $74.63 and a two-hundred day simple moving average of $70.50.

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.