SPDR S&P Regional Banking ETF $KRE Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC raised its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 21.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 141,900 shares of the exchange traded fund’s stock after purchasing an additional 24,600 shares during the period. Renaissance Technologies LLC owned about 0.24% of SPDR S&P Regional Banking ETF worth $9,245,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of KRE. Valley Wealth Managers Inc. increased its position in SPDR S&P Regional Banking ETF by 19,594,500.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 195,946 shares of the exchange traded fund’s stock worth $12,699,000 after purchasing an additional 195,945 shares in the last quarter. Summit Securities Group LLC grew its holdings in SPDR S&P Regional Banking ETF by 216.2% in the first quarter. Summit Securities Group LLC now owns 23,919 shares of the exchange traded fund’s stock valued at $1,558,000 after purchasing an additional 16,354 shares during the period. D.A. Davidson & CO. purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 1st quarter valued at $1,496,000. M&T Bank Corp grew its position in SPDR S&P Regional Banking ETF by 160.0% during the fourth quarter. M&T Bank Corp now owns 16,615 shares of the exchange traded fund’s stock valued at $1,077,000 after acquiring an additional 10,224 shares during the period. Finally, Altfest L J & Co. Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $10,742,000.

SPDR S&P Regional Banking ETF Price Performance

SPDR S&P Regional Banking ETF stock opened at $76.06 on Monday. SPDR S&P Regional Banking ETF has a 52-week low of $57.55 and a 52-week high of $78.10. The firm has a market capitalization of $4.65 billion, a P/E ratio of 12.39 and a beta of 0.84. The firm has a fifty day moving average of $73.41 and a 200-day moving average of $70.00.

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.