Simplex Trading LLC lowered its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 44.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,792 shares of the exchange traded fund’s stock after selling 62,496 shares during the quarter. Simplex Trading LLC’s holdings in SPDR S&P Regional Banking ETF were worth $5,332,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MWA Asset Management purchased a new position in SPDR S&P Regional Banking ETF in the 1st quarter worth approximately $46,000. Fourth Dimension Wealth LLC boosted its stake in SPDR S&P Regional Banking ETF by 41.5% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 737 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 216 shares during the period. KERR FINANCIAL PLANNING Corp grew its holdings in SPDR S&P Regional Banking ETF by 20.6% during the 2nd quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock valued at $90,000 after buying an additional 206 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of SPDR S&P Regional Banking ETF by 36.6% during the second quarter. Parkside Financial Bank & Trust now owns 1,272 shares of the exchange traded fund’s stock valued at $95,000 after buying an additional 341 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter valued at approximately $84,000.
SPDR S&P Regional Banking ETF Stock Performance
KRE stock opened at $73.45 on Tuesday. SPDR S&P Regional Banking ETF has a one year low of $58.20 and a one year high of $78.35. The company’s fifty day moving average price is $71.80 and its 200-day moving average price is $71.12. The company has a market capitalization of $4.77 billion, a PE ratio of 12.39 and a beta of 0.87.
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.
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