25,000 Shares in SPDR S&P Regional Banking ETF $KRE Purchased by Great Hill Capital LLC

Great Hill Capital LLC acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the exchange traded fund’s stock, valued at approximately $1,582,000. SPDR S&P Regional Banking ETF makes up about 0.2% of Great Hill Capital LLC’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds have also recently modified their holdings of the company. Realta Investment Advisors purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $27,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $35,000. Mountain Hill Investment Partners Corp. bought a new stake in SPDR S&P Regional Banking ETF during the third quarter worth $39,000. Fifth Third Bancorp boosted its position in SPDR S&P Regional Banking ETF by 73.6% in the third quarter. Fifth Third Bancorp now owns 1,349 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 572 shares during the last quarter. Finally, CWM LLC boosted its position in SPDR S&P Regional Banking ETF by 9.8% in the second quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock worth $133,000 after purchasing an additional 201 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $69.87 on Thursday. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $74.08. The firm has a market cap of $4.37 billion, a PE ratio of 12.39 and a beta of 0.90. The stock has a fifty day moving average price of $68.70 and a 200-day moving average price of $64.98.

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.