Farmers Trust Co. lifted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 35.3% in the third quarter, HoldingsChannel reports. The firm owned 71,822 shares of the exchange traded fund’s stock after acquiring an additional 18,722 shares during the period. Farmers Trust Co.’s holdings in SPDR S&P Regional Banking ETF were worth $4,546,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of KRE. Legend Financial Advisors Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at $25,000. Trust Co. of Vermont purchased a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $53,000. Private Wealth Asset Management LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 114.9% during the 2nd quarter. Private Wealth Asset Management LLC now owns 935 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 500 shares during the last quarter. Private Trust Co. NA acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth about $57,000. Finally, GAMMA Investing LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 283.9% during the second quarter. GAMMA Investing LLC now owns 975 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 721 shares in the last quarter.
SPDR S&P Regional Banking ETF Price Performance
NYSEARCA:KRE opened at $67.08 on Monday. The firm has a market cap of $3.81 billion, a PE ratio of 12.39 and a beta of 0.90. The firm has a 50 day simple moving average of $61.93 and a 200-day simple moving average of $61.78. SPDR S&P Regional Banking ETF has a 1-year low of $47.06 and a 1-year high of $67.97.
About SPDR S&P Regional Banking ETF
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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