DV Trading LLC reduced its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 80.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,176 shares of the exchange traded fund’s stock after selling 12,701 shares during the quarter. DV Trading LLC’s holdings in SPDR S&P Regional Banking ETF were worth $207,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in KRE. Cresset Asset Management LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth approximately $343,000. Cerity Partners LLC raised its holdings in SPDR S&P Regional Banking ETF by 0.7% in the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock valued at $4,413,000 after acquiring an additional 505 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter valued at $2,058,000. HRT Financial LP acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth $2,900,000. Finally, Man Group plc grew its holdings in shares of SPDR S&P Regional Banking ETF by 607.1% during the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock worth $2,891,000 after purchasing an additional 58,281 shares in the last quarter.
SPDR S&P Regional Banking ETF Stock Up 1.3%
KRE stock opened at $77.06 on Tuesday. The business has a 50-day simple moving average of $73.56 and a 200 day simple moving average of $70.08. SPDR S&P Regional Banking ETF has a 52 week low of $57.55 and a 52 week high of $78.10. The company has a market cap of $4.71 billion, a PE ratio of 12.39 and a beta of 0.84.
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.
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