First Republic Investment Management Inc. lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 42.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 96,238 shares of the exchange traded fund’s stock after acquiring an additional 28,633 shares during the quarter. First Republic Investment Management Inc. owned approximately 0.11% of SPDR S&P Regional Banking ETF worth $5,871,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of KRE. M&T Bank Corp grew its stake in shares of SPDR S&P Regional Banking ETF by 8.2% during the 1st quarter. M&T Bank Corp now owns 13,946 shares of the exchange traded fund’s stock worth $843,000 after acquiring an additional 1,055 shares during the period. Afam Capital Inc. bought a new position in shares of SPDR S&P Regional Banking ETF during the 1st quarter worth $4,258,000. WESPAC Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 1st quarter worth $1,813,000. Parallel Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 9.9% during the 1st quarter. Parallel Advisors LLC now owns 20,133 shares of the exchange traded fund’s stock worth $1,216,000 after acquiring an additional 1,815 shares during the period. Finally, Willingdon Wealth Management grew its stake in shares of SPDR S&P Regional Banking ETF by 6.6% during the 1st quarter. Willingdon Wealth Management now owns 43,453 shares of the exchange traded fund’s stock worth $2,624,000 after acquiring an additional 2,699 shares during the period.

KRE stock opened at $62.10 on Thursday. SPDR S&P Regional Banking ETF has a fifty-two week low of $51.97 and a fifty-two week high of $66.04.

About SPDR S&P Regional Banking ETF

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.

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Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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