Nomura Asset Management Co. Ltd. Lowers Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Nomura Asset Management Co. Ltd. reduced its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 13.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,800 shares of the exchange traded fund’s stock after selling 4,300 shares during the quarter. Nomura Asset Management Co. Ltd. owned about 0.05% of SPDR S&P Regional Banking ETF worth $1,710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KRE. CWM LLC boosted its holdings in SPDR S&P Regional Banking ETF by 13.9% in the first quarter. CWM LLC now owns 2,044 shares of the exchange traded fund’s stock worth $116,000 after acquiring an additional 250 shares in the last quarter. Cetera Investment Advisers raised its position in shares of SPDR S&P Regional Banking ETF by 22.9% in the 1st quarter. Cetera Investment Advisers now owns 175,603 shares of the exchange traded fund’s stock worth $9,983,000 after purchasing an additional 32,706 shares during the last quarter. Stevens Capital Management LP purchased a new position in shares of SPDR S&P Regional Banking ETF in the 1st quarter worth about $289,000. Robinson Value Management Ltd. boosted its stake in SPDR S&P Regional Banking ETF by 4.3% in the 1st quarter. Robinson Value Management Ltd. now owns 23,343 shares of the exchange traded fund’s stock worth $1,327,000 after purchasing an additional 952 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in SPDR S&P Regional Banking ETF in the 1st quarter worth about $1,137,000.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $61.61 on Friday. The firm has a market cap of $3.50 billion, a P/E ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $70.25. The firm has a 50-day simple moving average of $61.80 and a two-hundred day simple moving average of $61.05.

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.