Kohmann Bosshard Financial Services LLC Makes New $26,000 Investment in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 435 shares of the exchange traded fund’s stock, valued at approximately $26,000.

A number of other hedge funds have also modified their holdings of the stock. Lowe Wealth Advisors LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $25,000. Valley Wealth Managers Inc. raised its holdings 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 valued at $28,000 after purchasing an additional 455 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $32,000. JFS Wealth Advisors LLC boosted its holdings in SPDR S&P Regional Banking ETF by 295.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 706 shares in the last quarter. Finally, Larson Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth $57,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA KRE opened at $59.04 on Wednesday. The firm has a market cap of $4.51 billion, a P/E ratio of 13.97 and a beta of 1.11. The stock’s 50-day moving average is $62.30 and its two-hundred day moving average is $60.90. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25.

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.