Next Level Private LLC Acquires New Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Next Level Private LLC acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,556 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisory Group LLC raised its position in shares of SPDR S&P Regional Banking ETF by 2.7% in the 3rd quarter. Private Advisory Group LLC now owns 43,561 shares of the exchange traded fund’s stock worth $2,466,000 after acquiring an additional 1,125 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $58,000. SMI Advisory Services LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $20,777,000. KWB Wealth raised its position in shares of SPDR S&P Regional Banking ETF by 8.6% in the 3rd quarter. KWB Wealth now owns 8,712 shares of the exchange traded fund’s stock worth $493,000 after acquiring an additional 689 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of SPDR S&P Regional Banking ETF by 46.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 6,282 shares of the exchange traded fund’s stock worth $356,000 after acquiring an additional 2,000 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $58.03 on Friday. SPDR S&P Regional Banking ETF has a one year low of $37.66 and a one year high of $59.59. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The business has a 50-day simple moving average of $55.50 and a 200 day simple moving average of $51.77.

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.