SPDR S&P Regional Banking ETF Sees Unusually Large Options Volume (NYSEARCA:KRE)

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) was the target of unusually large options trading on Tuesday. Investors bought 146,988 put options on the stock. This is an increase of approximately 94% compared to the typical daily volume of 75,910 put options.

Institutional Trading of SPDR S&P Regional Banking ETF

Several large investors have recently bought and sold shares of the company. MGO One Seven LLC increased its position in shares of SPDR S&P Regional Banking ETF by 4.3% in the fourth quarter. MGO One Seven LLC now owns 3,771 shares of the exchange traded fund’s stock valued at $244,000 after buying an additional 156 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 3.9% during the 1st quarter. Apollon Wealth Management LLC now owns 5,029 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 187 shares during the last quarter. IFG Advisory LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 2.3% in the 4th quarter. IFG Advisory LLC now owns 8,581 shares of the exchange traded fund’s stock worth $556,000 after buying an additional 189 shares in the last quarter. Evansbrook LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 3.9% in the 1st quarter. Evansbrook LLC now owns 5,290 shares of the exchange traded fund’s stock worth $345,000 after buying an additional 200 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp grew its stake in SPDR S&P Regional Banking ETF by 20.6% in the 2nd quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock valued at $90,000 after acquiring an additional 206 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.7%

Shares of KRE traded down $0.54 on Tuesday, reaching $76.85. The stock had a trading volume of 12,307,570 shares, compared to its average volume of 16,300,277. SPDR S&P Regional Banking ETF has a twelve month low of $57.55 and a twelve month high of $78.35. The firm has a market capitalization of $4.68 billion, a PE ratio of 12.39 and a beta of 0.84. The firm has a 50-day moving average of $75.08 and a 200 day moving average of $70.71.

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.