Y Intercept Hong Kong Ltd Takes $1.80 Million Position in SPDR S&P Regional Banking ETF $KRE

Y Intercept Hong Kong Ltd purchased a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 30,247 shares of the exchange traded fund’s stock, valued at approximately $1,796,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Cascade Financial Partners LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 3.1% during the 1st quarter. Cascade Financial Partners LLC now owns 6,062 shares of the exchange traded fund’s stock worth $345,000 after buying an additional 184 shares in the last quarter. Proffitt & Goodson Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 0.7% during the second quarter. Proffitt & Goodson Inc. now owns 28,585 shares of the exchange traded fund’s stock valued at $1,698,000 after acquiring an additional 192 shares during the last quarter. CWM LLC lifted its holdings in SPDR S&P Regional Banking ETF by 9.8% during the second quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock worth $133,000 after acquiring an additional 201 shares during the period. Capital Analysts LLC boosted its position in SPDR S&P Regional Banking ETF by 3.3% in the first quarter. Capital Analysts LLC now owns 6,471 shares of the exchange traded fund’s stock worth $368,000 after purchasing an additional 206 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in SPDR S&P Regional Banking ETF by 7.6% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,226 shares of the exchange traded fund’s stock valued at $183,000 after purchasing an additional 227 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $60.00 on Friday. The firm has a market cap of $3.63 billion, a PE ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $70.25. The stock has a fifty day moving average price of $63.25 and a 200-day moving average price of $60.34.

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.