SPDR S&P Regional Banking ETF $KRE Shares Sold by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund trimmed its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 16.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,514,000 shares of the exchange traded fund’s stock after selling 1,450,000 shares during the quarter. SPDR S&P Regional Banking ETF comprises about 0.8% of Healthcare of Ontario Pension Plan Trust Fund’s portfolio, making the stock its 23rd biggest holding. Healthcare of Ontario Pension Plan Trust Fund owned about 0.12% of SPDR S&P Regional Banking ETF worth $489,537,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Morgan Stanley raised its stake in shares of SPDR S&P Regional Banking ETF by 23.3% during the fourth quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock valued at $901,870,000 after purchasing an additional 2,630,511 shares in the last quarter. Two Sigma Investments LP grew its position in SPDR S&P Regional Banking ETF by 19.0% in the 3rd 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 in the last quarter. Bessemer Group Inc. increased its stake in SPDR S&P Regional Banking ETF by 17.3% during the 1st quarter. Bessemer Group Inc. now owns 2,266,123 shares of the exchange traded fund’s stock valued at $147,640,000 after buying an additional 333,799 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new position in SPDR S&P Regional Banking ETF during the 1st quarter valued at about $83,392,000. Finally, MKP Capital Management L.L.C. bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $48,329,000.

SPDR S&P Regional Banking ETF Trading Up 0.8%

Shares of NYSEARCA:KRE opened at $75.73 on Friday. The company has a 50 day moving average of $72.66 and a 200-day moving average of $69.67. The firm has a market cap of $4.73 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a twelve month low of $57.55 and a twelve month high of $78.10.

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.