Cullen Frost Bankers Inc. Acquires 6,638 Shares of SPDR S&P Regional Banking ETF $KRE

Cullen Frost Bankers Inc. boosted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 173,717 shares of the exchange traded fund’s stock after acquiring an additional 6,638 shares during the period. Cullen Frost Bankers Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $10,317,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Cascade Financial Partners LLC raised its stake in SPDR S&P Regional Banking ETF by 3.1% in the 1st quarter. Cascade Financial Partners LLC now owns 6,062 shares of the exchange traded fund’s stock valued at $345,000 after acquiring an additional 184 shares during the period. Proffitt & Goodson Inc. raised its stake in SPDR S&P Regional Banking ETF by 0.7% in the 2nd quarter. Proffitt & Goodson Inc. now owns 28,585 shares of the exchange traded fund’s stock valued at $1,698,000 after acquiring an additional 192 shares during the period. CWM LLC raised its stake in SPDR S&P Regional Banking ETF by 9.8% in the 2nd quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $133,000 after acquiring an additional 201 shares during the period. Capital Analysts LLC raised its stake in SPDR S&P Regional Banking ETF by 3.3% in the 1st quarter. Capital Analysts LLC now owns 6,471 shares of the exchange traded fund’s stock valued at $368,000 after acquiring an additional 206 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in SPDR S&P Regional Banking ETF by 7.6% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,226 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 227 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

KRE stock opened at $60.44 on Thursday. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. The business’s fifty day moving average price is $63.52 and its two-hundred day moving average price is $59.70. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $70.25.

SPDR S&P Regional Banking ETF 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.