Naples Money Management LLC Buys New Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Naples Money Management LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,986 shares of the exchange traded fund’s stock, valued at approximately $104,000.

A number of other institutional investors and hedge funds have also bought and sold shares of KRE. Blair William & Co. IL raised its stake in shares of SPDR S&P Regional Banking ETF by 20.5% during the first quarter. Blair William & Co. IL now owns 17,023 shares of the exchange traded fund’s stock worth $1,173,000 after acquiring an additional 2,899 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of SPDR S&P Regional Banking ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 49,150 shares of the exchange traded fund’s stock worth $3,386,000 after purchasing an additional 1,364 shares during the last quarter. Moors & Cabot Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 170.3% in the first quarter. Moors & Cabot Inc. now owns 8,689 shares of the exchange traded fund’s stock worth $599,000 after purchasing an additional 5,474 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 133.1% in the first quarter. Baird Financial Group Inc. now owns 71,351 shares of the exchange traded fund’s stock worth $4,916,000 after purchasing an additional 40,746 shares during the last quarter. Finally, Loomis Sayles & Co. L P bought a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth approximately $1,093,000.

SPDR S&P Regional Banking ETF Stock Up 2.6 %

Shares of SPDR S&P Regional Banking ETF stock traded up $1.21 on Friday, hitting $47.32. The stock had a trading volume of 15,224,218 shares, compared to its average volume of 15,002,740. SPDR S&P Regional Banking ETF has a one year low of $34.52 and a one year high of $54.47. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 8.27 and a beta of 1.56. The stock’s 50-day simple moving average is $48.21 and its two-hundred day simple moving average is $47.21.

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.