Juncture Wealth Strategies LLC Makes New Investment in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Juncture Wealth Strategies LLC bought a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,668 shares of the exchange traded fund’s stock, valued at approximately $583,000.

Several other institutional investors also recently made changes to their positions in KRE. Holocene Advisors LP lifted its stake in SPDR S&P Regional Banking ETF by 142.6% in the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after buying an additional 311,147 shares during the last quarter. EP Wealth Advisors LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after purchasing an additional 427,473 shares during the period. SMI Advisory Services LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $20,777,000. Goodman Financial Corp boosted its position in shares of SPDR S&P Regional Banking ETF by 0.6% during the third quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock worth $21,019,000 after buying an additional 2,159 shares during the period. Finally, Parcion Private Wealth LLC bought a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $14,189,000.

SPDR S&P Regional Banking ETF Stock Up 0.7 %

Shares of NYSEARCA KRE opened at $63.33 on Friday. The stock has a market cap of $3.38 billion, a P/E ratio of 8.36 and a beta of 1.56. The firm’s 50-day simple moving average is $63.39 and its 200 day simple moving average is $59.31. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25.

SPDR S&P Regional Banking ETF Company Profile

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.