Rockingstone Advisors LLC Buys New Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Rockingstone Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 3,950 shares of the exchange traded fund’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Co. of Toledo NA OH grew its holdings in SPDR S&P Regional Banking ETF by 4.7% during the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 193 shares in the last quarter. SPC Financial Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 2.5% in the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $708,000 after acquiring an additional 300 shares in the last quarter. Robinson Value Management Ltd. lifted its position in shares of SPDR S&P Regional Banking ETF by 1.3% during the third quarter. Robinson Value Management Ltd. now owns 24,718 shares of the exchange traded fund’s stock valued at $1,399,000 after purchasing an additional 323 shares in the last quarter. Lowe Wealth Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at about $25,000. Finally, Citizens Financial Group Inc. RI boosted its holdings in SPDR S&P Regional Banking ETF by 2.3% during the second quarter. Citizens Financial Group Inc. RI now owns 18,619 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 427 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 2.5 %

SPDR S&P Regional Banking ETF stock opened at $62.73 on Thursday. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25. The company’s 50 day moving average price is $63.87 and its two-hundred day moving average price is $58.57. The stock has a market cap of $3.35 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.