21,100 Shares in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Acquired by Skylands Capital LLC

Skylands Capital LLC acquired a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,100 shares of the exchange traded fund’s stock, valued at approximately $1,273,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $25,000. Valley Wealth Managers Inc. raised its holdings in SPDR S&P Regional Banking ETF by 22,750.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 455 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $32,000. Larson Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth about $57,000. Finally, JFS Wealth Advisors LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 295.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 706 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $61.42 on Monday. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The business’s 50 day simple moving average is $62.35 and its 200-day simple moving average is $60.55.

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.