Murphy & Mullick Capital Management Corp Acquires Shares of 3,286 SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Murphy & Mullick Capital Management Corp bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,286 shares of the exchange traded fund’s stock, valued at approximately $198,000.

Several other institutional investors and hedge funds have also modified their holdings of KRE. Gries Financial LLC bought a new position in SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $641,000. Truist Financial Corp increased its stake in shares of SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock worth $11,343,000 after purchasing an additional 3,762 shares during the last quarter. Empowered Funds LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at $1,550,000. Jones Financial Companies Lllp lifted its stake in shares of SPDR S&P Regional Banking ETF by 192.2% in the 4th quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock valued at $928,000 after purchasing an additional 10,110 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in SPDR S&P Regional Banking ETF by 25.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 2,251 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA KRE opened at $58.01 on Thursday. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The stock’s 50-day moving average is $61.20 and its two-hundred day moving average is $60.97. The firm has a market cap of $3.71 billion, a P/E ratio of 12.46 and a beta of 1.09.

SPDR S&P Regional Banking ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a $0.3782 dividend. The ex-dividend date was 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.