Thrivent Financial for Lutherans Acquires New Shares in SPDR S&P Regional Banking ETF $KRE

Thrivent Financial for Lutherans acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 38,495 shares of the exchange traded fund’s stock, valued at approximately $2,495,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cresset Asset Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth about $343,000. Cerity Partners LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock worth $4,413,000 after acquiring an additional 505 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth about $2,058,000. HRT Financial LP bought a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth about $2,900,000. Finally, Man Group plc grew its holdings in SPDR S&P Regional Banking ETF by 607.1% during the second quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock valued at $2,891,000 after purchasing an additional 58,281 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $69.37 on Tuesday. The company’s 50 day moving average is $67.47 and its 200-day moving average is $66.84. SPDR S&P Regional Banking ETF has a 12 month low of $55.37 and a 12 month high of $74.08. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 12.39 and a beta of 0.86.

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.