Banco BTG Pactual S.A. Buys Shares of 32,000 SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Banco BTG Pactual S.A. acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 32,000 shares of the exchange traded fund’s stock, valued at approximately $1,910,000. Banco BTG Pactual S.A. owned about 0.06% of SPDR S&P Regional Banking ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Lowe Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in SPDR S&P Regional Banking ETF in the fourth quarter worth $26,000. Valley Wealth Managers Inc. lifted its holdings in SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $32,000. Finally, Lee Danner & Bass Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $54,000.

SPDR S&P Regional Banking ETF Stock Down 0.3 %

Shares of KRE opened at $58.25 on Wednesday. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The company has a 50-day simple moving average of $61.29 and a 200-day simple moving average of $60.99. The company has a market capitalization of $3.73 billion, a PE ratio of 12.46 and a beta of 1.09.

SPDR S&P Regional Banking ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a $0.3782 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.