World Investment Advisors Increases Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

World Investment Advisors lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 28.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,702 shares of the exchange traded fund’s stock after purchasing an additional 8,079 shares during the period. World Investment Advisors owned about 0.07% of SPDR S&P Regional Banking ETF worth $2,215,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in KRE. Scholtz & Company LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $4,809,000. National Bank of Canada FI increased its position in SPDR S&P Regional Banking ETF by 84.9% in the fourth quarter. National Bank of Canada FI now owns 78,562 shares of the exchange traded fund’s stock worth $4,741,000 after buying an additional 36,075 shares in the last quarter. Alliancebernstein L.P. purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at about $42,861,000. O Shaughnessy Asset Management LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 57.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,140 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 784 shares during the period. Finally, IPG Investment Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $222,000.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $49.26 on Friday. The company has a 50 day simple moving average of $60.07 and a two-hundred day simple moving average of $60.92. The firm has a market cap of $2.93 billion, a P/E ratio of 12.74 and a beta of 1.09. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25.

SPDR S&P Regional Banking ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.3782 dividend. The ex-dividend date 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.