SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $71.61 and last traded at $70.6150, with a volume of 8193308 shares. The stock had previously closed at $70.04.
SPDR S&P Regional Banking ETF Trading Up 1.0%
The company has a market cap of $4.18 billion, a P/E ratio of 12.39 and a beta of 0.90. The company’s fifty day moving average is $66.56 and its 200 day moving average is $63.78.
Institutional Investors Weigh In On SPDR S&P Regional Banking ETF
Several institutional investors have recently bought and sold shares of KRE. Aventura Private Wealth LLC bought a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $26,000. Realta Investment Advisors purchased a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth $27,000. Grey Fox Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $35,000. Accent Capital Management LLC boosted its position in SPDR S&P Regional Banking ETF by 100.0% during the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 300 shares during the period. Finally, Mountain Hill Investment Partners Corp. bought a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth $39,000.
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.
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