Juncture Wealth Strategies LLC Invests $583,000 in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Juncture Wealth Strategies LLC bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,668 shares of the exchange traded fund’s stock, valued at approximately $583,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Silver Lake Advisory LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter worth approximately $229,000. Point72 Asset Management L.P. purchased a new stake in shares of SPDR S&P Regional Banking ETF during the second quarter worth $2,519,000. Truist Financial Corp grew its stake in SPDR S&P Regional Banking ETF by 0.5% in the second quarter. Truist Financial Corp now owns 199,914 shares of the exchange traded fund’s stock valued at $9,816,000 after purchasing an additional 1,006 shares in the last quarter. SPC Financial Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 5.0% in the 2nd quarter. SPC Financial Inc. now owns 12,200 shares of the exchange traded fund’s stock valued at $599,000 after buying an additional 580 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the second quarter valued at approximately $2,674,000.

SPDR S&P Regional Banking ETF Trading Up 0.7 %

KRE stock opened at $63.33 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The company has a fifty day simple moving average of $63.39 and a 200 day simple moving average of $59.31. The firm has a market cap of $3.38 billion, a PE ratio of 8.36 and a beta of 1.56.

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.