Mizuho Markets Americas LLC Takes Position in SPDR S&P Regional Banking ETF $KRE

Mizuho Markets Americas LLC acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 58,500 shares of the exchange traded fund’s stock, valued at approximately $3,703,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at $25,000. Realta Investment Advisors bought a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $27,000. Mountain Hill Investment Partners Corp. purchased a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $39,000. Trust Co. of Vermont purchased a new position in SPDR S&P Regional Banking ETF during the 2nd quarter valued at about $53,000. Finally, Private Wealth Asset Management LLC increased its position in shares of SPDR S&P Regional Banking ETF by 114.9% during the second quarter. Private Wealth Asset Management LLC now owns 935 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 500 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.6%

KRE stock opened at $67.85 on Monday. The firm has a 50 day moving average of $64.80 and a 200-day moving average of $63.34. The firm has a market capitalization of $4.33 billion, a P/E ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 12 month low of $47.06 and a 12 month high of $68.67.

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.