SG Americas Securities LLC raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 295.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 257,095 shares of the exchange traded fund’s stock after buying an additional 192,160 shares during the period. SG Americas Securities LLC’s holdings in SPDR S&P Regional Banking ETF were worth $16,750,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of KRE. Arax Advisory Partners purchased a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at $25,000. Aventura Private Wealth LLC purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth about $26,000. Accent Capital Management LLC increased its stake in SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 300 shares in the last quarter. UMB Bank n.a. purchased a new stake in SPDR S&P Regional Banking ETF during the fourth quarter valued at about $52,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in SPDR S&P Regional Banking ETF during the third quarter valued at about $63,000.
SPDR S&P Regional Banking ETF Price Performance
Shares of KRE opened at $74.77 on Friday. SPDR S&P Regional Banking ETF has a one year low of $57.55 and a one year high of $75.06. The company has a 50-day moving average of $70.10 and a two-hundred day moving average of $68.35. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84.
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.
Recommended Stories
- Five stocks we like better than SPDR S&P Regional Banking ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report).
Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.
