IMC Chicago LLC Grows Position in SPDR S&P Regional Banking ETF $KRE

IMC Chicago LLC boosted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 147.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 215,172 shares of the exchange traded fund’s stock after acquiring an additional 128,166 shares during the quarter. IMC Chicago LLC’s holdings in SPDR S&P Regional Banking ETF were worth $14,018,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its position in SPDR S&P Regional Banking ETF by 23.3% in the 4th quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock worth $901,870,000 after purchasing an additional 2,630,511 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of SPDR S&P Regional Banking ETF by 6.2% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,964,000 shares of the exchange traded fund’s stock valued at $580,957,000 after buying an additional 521,000 shares during the period. Two Sigma Investments LP grew its stake in shares of SPDR S&P Regional Banking ETF by 19.0% during the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock valued at $248,098,000 after buying an additional 626,836 shares during the last quarter. MKP Capital Management L.L.C. bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $48,329,000. Finally, Jump Financial LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter worth approximately $46,715,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE opened at $75.78 on Thursday. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $76.84. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84. The business’s 50 day moving average price is $71.57 and its 200-day moving average price is $69.17.

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.