Y Intercept Hong Kong Ltd Sells 9,741 Shares of SPDR S&P Regional Banking ETF $KRE

Y Intercept Hong Kong Ltd lowered its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 61.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 6,187 shares of the exchange traded fund’s stock after selling 9,741 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Regional Banking ETF were worth $403,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $36,021,000. Valley Wealth Managers Inc. lifted its position in SPDR S&P Regional Banking ETF by 19,594,500.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 195,946 shares of the exchange traded fund’s stock valued at $12,699,000 after acquiring an additional 195,945 shares in the last quarter. Econ Financial Services Corp bought a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $1,537,000. Altfest L J & Co. Inc. acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $10,742,000. Finally, M&T Bank Corp boosted its stake in SPDR S&P Regional Banking ETF by 160.0% during the 4th quarter. M&T Bank Corp now owns 16,615 shares of the exchange traded fund’s stock valued at $1,077,000 after purchasing an additional 10,224 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $75.00 on Wednesday. The firm has a market capitalization of $4.95 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 52 week low of $57.55 and a 52 week high of $76.84. The stock has a 50 day moving average price of $71.47 and a two-hundred day moving average price of $69.10.

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.