C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires New Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,882 shares of the exchange traded fund’s stock, valued at approximately $1,803,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned about 0.06% of SPDR S&P Regional Banking ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of KRE. Lowe Wealth Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. Valley Wealth Managers Inc. raised its position in SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $32,000. Larson Financial Group LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth $57,000. Finally, JFS Wealth Advisors LLC grew its position in shares of SPDR S&P Regional Banking ETF by 295.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 706 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $64.46 on Wednesday. The stock has a market cap of $3.44 billion, a P/E ratio of 8.36 and a beta of 1.56. The stock’s fifty day moving average is $62.49 and its 200 day moving average is $60.32. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25.

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.