Nwam LLC Makes New $779,000 Investment in SPDR S&P Regional Banking ETF $KRE

Nwam LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,405 shares of the exchange traded fund’s stock, valued at approximately $779,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arax Advisory Partners acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $25,000. MWA Asset Management acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 1st quarter worth about $46,000. Fourth Dimension Wealth LLC increased its position in shares of SPDR S&P Regional Banking ETF by 41.5% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 737 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 216 shares in the last quarter. UMB Bank n.a. bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $52,000. Finally, Elyxium Wealth LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $70,000.

SPDR S&P Regional Banking ETF Stock Up 2.2%

NYSEARCA:KRE opened at $74.24 on Thursday. The firm has a market cap of $4.52 billion, a PE ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 12 month low of $57.55 and a 12 month high of $78.35. The company’s 50-day moving average price is $75.62 and its two-hundred day moving average price is $70.99.

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.