Titleist Asset Management LLC Purchases Shares of 3,774 SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Titleist Asset Management LLC acquired a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,774 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Other institutional investors have also recently modified their holdings of the company. Trust Co. of Toledo NA OH lifted its holdings in SPDR S&P Regional Banking ETF by 4.7% in the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 193 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 25.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares during the period. Principal Securities Inc. boosted its position in SPDR S&P Regional Banking ETF by 5.0% during the fourth quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock worth $364,000 after acquiring an additional 285 shares during the last quarter. Joseph P. Lucia & Associates LLC grew its stake in SPDR S&P Regional Banking ETF by 2.0% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 358 shares during the period. Finally, Cascade Financial Partners LLC raised its holdings in SPDR S&P Regional Banking ETF by 7.3% in the 4th quarter. Cascade Financial Partners LLC now owns 5,878 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 400 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.0 %

KRE stock opened at $49.27 on Tuesday. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 12.74 and a beta of 1.09. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The stock’s fifty day simple moving average is $59.77 and its 200-day simple moving average is $60.91.

SPDR S&P Regional Banking ETF Dividend Announcement

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.