C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $1.80 Million in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,882 shares of the exchange traded fund’s stock, valued at approximately $1,803,000.

A number of other large investors also recently modified their holdings of the company. Trust Co. of Toledo NA OH lifted its stake in shares of SPDR S&P Regional Banking ETF by 4.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after buying an additional 193 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares in the last quarter. Principal Securities Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock valued at $364,000 after buying an additional 285 shares in the last quarter. Joseph P. Lucia & Associates LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock valued at $1,104,000 after buying an additional 358 shares in the last quarter. Finally, Lowe Wealth Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $25,000.

SPDR S&P Regional Banking ETF Stock Performance

KRE opened at $64.46 on Wednesday. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The firm’s fifty day moving average is $62.49 and its 200 day moving average is $60.32. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.