Prudent Man Advisors LLC Raises Stake in SPDR S&P Regional Banking ETF $KRE

Prudent Man Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 33.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 25,330 shares of the exchange traded fund’s stock after purchasing an additional 6,333 shares during the period. Prudent Man Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,504,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cascade Financial Partners LLC grew its position in SPDR S&P Regional Banking ETF by 3.1% during the 1st quarter. Cascade Financial Partners LLC now owns 6,062 shares of the exchange traded fund’s stock worth $345,000 after purchasing an additional 184 shares during the last quarter. Proffitt & Goodson Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF by 0.7% in the second quarter. Proffitt & Goodson Inc. now owns 28,585 shares of the exchange traded fund’s stock valued at $1,698,000 after acquiring an additional 192 shares in the last quarter. CWM LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 9.8% in the second quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $133,000 after acquiring an additional 201 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 3.3% in the first quarter. Capital Analysts LLC now owns 6,471 shares of the exchange traded fund’s stock valued at $368,000 after acquiring an additional 206 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 7.6% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,226 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 227 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 1.7%

Shares of NYSEARCA:KRE opened at $61.22 on Friday. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. The firm’s 50-day simple moving average is $63.47 and its 200-day simple moving average is $59.94. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week 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.