Thrivent Financial for Lutherans Purchases New Stake in SPDR S&P Regional Banking ETF $KRE

Thrivent Financial for Lutherans purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 38,495 shares of the exchange traded fund’s stock, valued at approximately $2,495,000. Thrivent Financial for Lutherans owned 0.06% of SPDR S&P Regional Banking ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth about $36,021,000. Envestnet Portfolio Solutions Inc. acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $795,000. Great Hill Capital LLC acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $1,582,000. Valley Wealth Managers Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 19,594,500.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 195,946 shares of the exchange traded fund’s stock valued at $12,699,000 after buying an additional 195,945 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in SPDR S&P Regional Banking ETF in the third quarter worth approximately $3,355,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $69.37 on Tuesday. The firm has a market cap of $4.17 billion, a PE ratio of 12.39 and a beta of 0.86. The firm’s 50 day moving average price is $67.47 and its 200 day moving average price is $66.84. SPDR S&P Regional Banking ETF has a twelve month low of $55.37 and a twelve month high of $74.08.

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.