SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Purchased by Benchmark Investment Advisors LLC

Benchmark Investment Advisors LLC raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,143 shares of the exchange traded fund’s stock after purchasing an additional 255 shares during the period. Benchmark Investment Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in KRE. Gries Financial LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at $641,000. Truist Financial Corp increased its holdings in shares of SPDR S&P Regional Banking ETF by 2.0% in the 4th quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock valued at $11,343,000 after acquiring an additional 3,762 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $1,550,000. Jones Financial Companies Lllp lifted its stake in SPDR S&P Regional Banking ETF by 192.2% during the fourth quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock worth $928,000 after purchasing an additional 10,110 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in SPDR S&P Regional Banking ETF by 25.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock valued at $670,000 after purchasing an additional 2,251 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 4.0 %

KRE stock opened at $49.26 on Friday. The stock has a market cap of $2.93 billion, a P/E ratio of 12.74 and a beta of 1.09. SPDR S&P Regional Banking ETF has a twelve month low of $45.46 and a twelve month high of $70.25. The company’s 50 day moving average is $60.07 and its two-hundred day moving average is $60.95.

SPDR S&P Regional Banking ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a dividend of $0.3782 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.