Atria Investments Inc Makes New Investment in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Atria Investments Inc acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,280 shares of the exchange traded fund’s stock, valued at approximately $681,000.

A number of other hedge funds have also recently added to or reduced their stakes in KRE. Sigma Planning Corp acquired a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at $211,000. Prime Capital Investment Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at $565,000. Oppenheimer & Co. Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF by 258.1% during the third quarter. Oppenheimer & Co. Inc. now owns 99,222 shares of the exchange traded fund’s stock valued at $5,616,000 after acquiring an additional 71,511 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR S&P Regional Banking ETF by 98.4% during the third quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock valued at $819,000 after acquiring an additional 7,172 shares during the period. Finally, Prospera Financial Services Inc boosted its holdings in shares of SPDR S&P Regional Banking ETF by 12.2% during the third quarter. Prospera Financial Services Inc now owns 8,898 shares of the exchange traded fund’s stock valued at $504,000 after acquiring an additional 969 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $56.76 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 12.46 and a beta of 1.09. The firm has a fifty day moving average of $61.70 and a 200-day moving average of $60.90.

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.