Captrust Financial Advisors Raises Holdings in SPDR KBW Regional Banking (NYSEARCA:KRE)

Captrust Financial Advisors lifted its stake in shares of SPDR KBW Regional Banking (NYSEARCA:KRE) by 61.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,932 shares of the exchange traded fund’s stock after purchasing an additional 2,247 shares during the quarter. Captrust Financial Advisors’ holdings in SPDR KBW Regional Banking were worth $349,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. The Manufacturers Life Insurance Company raised its position in SPDR KBW Regional Banking by 1.8% in the second quarter. The Manufacturers Life Insurance Company now owns 5,591 shares of the exchange traded fund’s stock worth $307,000 after acquiring an additional 98 shares in the last quarter. New England Investment & Retirement Group Inc. raised its position in SPDR KBW Regional Banking by 14.8% in the fourth quarter. New England Investment & Retirement Group Inc. now owns 6,558 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 844 shares in the last quarter. ProVise Management Group LLC raised its position in SPDR KBW Regional Banking by 11.9% in the third quarter. ProVise Management Group LLC now owns 8,617 shares of the exchange traded fund’s stock worth $489,000 after acquiring an additional 915 shares in the last quarter. BKD Wealth Advisors LLC raised its position in SPDR KBW Regional Banking by 3.0% in the fourth quarter. BKD Wealth Advisors LLC now owns 31,782 shares of the exchange traded fund’s stock worth $1,870,000 after acquiring an additional 936 shares in the last quarter. Finally, Brown Advisory Inc. raised its position in SPDR KBW Regional Banking by 27.4% in the fourth quarter. Brown Advisory Inc. now owns 4,648 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 1,000 shares in the last quarter.

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SPDR KBW Regional Banking stock traded down $1.72 during midday trading on Friday, hitting $59.40. The company’s stock had a trading volume of 9,144,516 shares, compared to its average volume of 6,404,447. SPDR KBW Regional Banking has a 12 month low of $49.31 and a 12 month high of $65.33.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Monday, March 19th were given a $0.2038 dividend. This represents a $0.82 annualized dividend and a yield of 1.37%. The ex-dividend date was Friday, March 16th.

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SPDR KBW Regional Banking 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.

Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSEARCA:KRE)

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