8,000 Shares in SPDR S&P Regional Banking ETF $KRE Acquired by Global Endowment Management LP

Global Endowment Management LP bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,000 shares of the exchange traded fund’s stock, valued at approximately $518,000.

Other large investors have also recently made changes to their positions in the company. Arax Advisory Partners purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $25,000. Aventura Private Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $26,000. Accent Capital Management LLC increased its stake in SPDR S&P Regional Banking ETF by 100.0% in the third quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. UMB Bank n.a. purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $52,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $63,000.

SPDR S&P Regional Banking ETF Stock Up 1.5%

Shares of SPDR S&P Regional Banking ETF stock opened at $73.41 on Friday. The firm has a market capitalization of $4.42 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 52 week low of $55.55 and a 52 week high of $74.08. The firm’s 50 day moving average is $69.26 and its two-hundred day moving average is $67.75.

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.