Vanguard Capital Wealth Advisors Acquires New Stake in SPDR S&P Regional Banking ETF $KRE

Vanguard Capital Wealth Advisors bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 12,482 shares of the exchange traded fund’s stock, valued at approximately $934,000.

A number of other institutional investors have also added to or reduced their stakes in KRE. Cresset Asset Management LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $343,000. Cerity Partners LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 0.7% during the second quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock worth $4,413,000 after purchasing an additional 505 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth about $2,058,000. HRT Financial LP bought a new position in shares of SPDR S&P Regional Banking ETF in the second quarter worth approximately $2,900,000. Finally, Man Group plc increased its position in shares of SPDR S&P Regional Banking ETF by 607.1% in the second quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock worth $2,891,000 after purchasing an additional 58,281 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE opened at $77.75 on Friday. The firm’s 50 day simple moving average is $74.78 and its 200 day simple moving average is $70.57. The company has a market capitalization of $4.73 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 1-year low of $57.55 and a 1-year high of $78.35.

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.