Vestor Capital LLC Invests $54,000 in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Vestor Capital LLC acquired a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,033 shares of the exchange traded fund’s stock, valued at approximately $54,000.

Other institutional investors also recently added to or reduced their stakes in the company. Patten & Patten Inc. TN boosted its holdings in shares of SPDR S&P Regional Banking ETF by 140.7% in the 3rd quarter. Patten & Patten Inc. TN now owns 38,555 shares of the exchange traded fund’s stock valued at $1,610,000 after buying an additional 22,540 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at $53,000. Cowa LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 4.7% during the 3rd quarter. Cowa LLC now owns 8,584 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 389 shares during the last quarter. Sierra Capital LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth $367,000. Finally, James Investment Research Inc. grew its stake in SPDR S&P Regional Banking ETF by 10.0% during the 3rd quarter. James Investment Research Inc. now owns 52,088 shares of the exchange traded fund’s stock worth $2,176,000 after buying an additional 4,736 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

SPDR S&P Regional Banking ETF stock traded up $0.24 during midday trading on Thursday, reaching $50.41. The company’s stock had a trading volume of 7,937,557 shares, compared to its average volume of 14,587,568. The stock has a market capitalization of $2.69 billion, a P/E ratio of 8.36 and a beta of 1.56. The stock’s 50-day simple moving average is $48.43 and its 200-day simple moving average is $47.98. SPDR S&P Regional Banking ETF has a 52-week low of $35.76 and a 52-week high of $54.47.

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.