Alliancebernstein L.P. Acquires New Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Alliancebernstein L.P. bought a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 710,200 shares of the exchange traded fund’s stock, valued at approximately $42,861,000. Alliancebernstein L.P. owned 1.33% of SPDR S&P Regional Banking ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Lowe Wealth Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P Regional Banking ETF in the fourth quarter worth approximately $26,000. Valley Wealth Managers Inc. boosted its stake in shares of SPDR S&P Regional Banking ETF by 22,750.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 455 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $32,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth $54,000.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA KRE opened at $49.26 on Friday. The business’s fifty day moving average is $60.07 and its 200 day moving average is $60.95. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The company has a market capitalization of $2.93 billion, a PE ratio of 12.74 and a beta of 1.09.

SPDR S&P Regional Banking ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a dividend of $0.3782 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.