247,026 Shares in SPDR S&P Regional Banking ETF $KRE Purchased by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 247,026 shares of the exchange traded fund’s stock, valued at approximately $18,818,000. SPDR S&P Regional Banking ETF accounts for about 1.8% of Insight Wealth Strategies LLC’s portfolio, making the stock its 17th largest holding.

Other institutional investors also recently made changes to their positions in the company. Arax Advisory Partners bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. MWA Asset Management bought a new position in SPDR S&P Regional Banking ETF during the 1st quarter worth $46,000. UMB Bank n.a. acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter worth $52,000. Assetmark Inc. lifted its stake in SPDR S&P Regional Banking ETF by 207.0% in the fourth quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 714 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at $70,000.

SPDR S&P Regional Banking ETF Stock Up 1.0%

Shares of NYSEARCA:KRE opened at $76.81 on Wednesday. The company’s 50-day moving average price is $74.44 and its 200 day moving average price is $70.45. The company has a market cap of $4.67 billion, a PE ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week 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.