SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Black Maple Capital Management LP

Black Maple Capital Management LP boosted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 13.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 12,500 shares of the exchange traded fund’s stock after acquiring an additional 1,500 shares during the period. Black Maple Capital Management LP’s holdings in SPDR S&P Regional Banking ETF were worth $754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in KRE. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth about $26,000. Valley Wealth Managers Inc. lifted its position in SPDR S&P Regional Banking ETF by 22,750.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 455 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $32,000. Finally, Lee Danner & Bass Inc. bought a new position in SPDR S&P Regional Banking ETF in the 4th quarter worth about $54,000.

SPDR S&P Regional Banking ETF Trading Up 2.8 %

KRE opened at $56.24 on Friday. The business’s 50 day moving average is $54.96 and its 200-day moving average is $60.22. The stock has a market cap of $3.28 billion, a PE ratio of 11.38 and a beta of 0.93. SPDR S&P Regional Banking ETF has a twelve month low of $45.76 and a twelve month high of $70.25.

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.