6,129 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Purchased by Accel Wealth Management

Accel Wealth Management acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,129 shares of the exchange traded fund’s stock, valued at approximately $370,000.

A number of other large investors also recently bought and sold shares of the stock. Lowe Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $25,000. Larson Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $57,000. Future Financial Wealth Managment LLC acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth $58,000. Bristlecone Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the third quarter worth $68,000. Finally, Armstrong Advisory Group Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 25.7% in the fourth 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.

SPDR S&P Regional Banking ETF Trading Up 0.7 %

KRE stock opened at $63.33 on Friday. The business’s fifty day moving average price is $63.39 and its 200 day moving average price is $59.24. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The company has a market capitalization of $3.38 billion, a PE 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.