World Investment Advisors Acquires 5,974 Shares of SPDR S&P Regional Banking ETF $KRE

World Investment Advisors lifted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 13.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,967 shares of the exchange traded fund’s stock after purchasing an additional 5,974 shares during the period. World Investment Advisors owned about 0.09% of SPDR S&P Regional Banking ETF worth $2,908,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in KRE. Capital Investment Counsel Inc raised its stake in shares of SPDR S&P Regional Banking ETF by 22.8% during the 1st quarter. Capital Investment Counsel Inc now owns 28,877 shares of the exchange traded fund’s stock worth $1,642,000 after purchasing an additional 5,354 shares during the period. Mutual Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 5.2% during the 1st quarter. Mutual Advisors LLC now owns 14,655 shares of the exchange traded fund’s stock worth $791,000 after purchasing an additional 720 shares during the period. Riggs Asset Managment Co. Inc. raised its stake in shares of SPDR S&P Regional Banking ETF by 1.7% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 73,987 shares of the exchange traded fund’s stock worth $4,206,000 after purchasing an additional 1,205 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR S&P Regional Banking ETF by 10.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 94,211 shares of the exchange traded fund’s stock worth $5,356,000 after purchasing an additional 9,268 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in shares of SPDR S&P Regional Banking ETF by 22.6% during the 1st quarter. Stratos Wealth Partners LTD. now owns 6,607 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 1,217 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $59.86 on Friday. The business has a 50-day moving average of $63.35 and a 200 day moving average of $60.20. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $70.25. The firm has a market cap of $3.62 billion, a P/E ratio of 12.39 and a beta of 0.90.

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.