Reilly Financial Advisors LLC Raises Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Reilly Financial Advisors LLC boosted its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6,180.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 628 shares of the exchange traded fund’s stock after buying an additional 618 shares during the period. Reilly Financial Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $34,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Icon Wealth Partners LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 1st quarter worth about $36,000. GWM Advisors LLC increased its position in shares of SPDR S&P Regional Banking ETF by 339.2% during the first quarter. GWM Advisors LLC now owns 45,008 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 34,761 shares during the last quarter. Private Ocean LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter valued at about $46,000. Truvestments Capital LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter valued at about $50,000. Finally, Bay Harbor Wealth Management LLC increased its position in shares of SPDR S&P Regional Banking ETF by 291.7% during the first quarter. Bay Harbor Wealth Management LLC now owns 1,038 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 773 shares during the last quarter.

Shares of KRE traded down $0.46 during trading on Friday, reaching $52.38. 11,075,343 shares of the company traded hands, compared to its average volume of 7,508,049. SPDR S&P Regional Banking ETF has a twelve month low of $43.95 and a twelve month high of $64.60. The business’s 50-day moving average is $53.36.

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.

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Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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