Geneos Wealth Management Inc. Boosts Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Geneos Wealth Management Inc. grew its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,259 shares of the exchange traded fund’s stock after buying an additional 524 shares during the quarter. Geneos Wealth Management Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $1,826,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Lowe Wealth Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth about $25,000. Larson Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $57,000. Future Financial Wealth Managment LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $58,000. Bristlecone Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $68,000. Finally, Armstrong Advisory Group Inc. boosted its stake in shares of SPDR S&P Regional Banking ETF by 25.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $63.33 on Monday. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The stock has a fifty day moving average price of $63.39 and a two-hundred day moving average price of $59.38.

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.