Brighton Jones LLC Invests $217,000 in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Brighton Jones LLC purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,132 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Several other institutional investors have also modified their holdings of KRE. Simplex Trading LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $33,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $53,000. Allworth Financial LP lifted its stake in SPDR S&P Regional Banking ETF by 219.5% in the 4th quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 900 shares in the last quarter. Naples Money Management LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $104,000. Finally, Friedenthal Financial purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $113,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $49.65 on Friday. The stock has a fifty day moving average of $48.25 and a two-hundred day moving average of $47.72. The company has a market capitalization of $2.65 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a fifty-two week low of $34.52 and a fifty-two week high of $54.47.

SPDR S&P Regional Banking ETF 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.