SPDR S&P Regional Banking ETF $KRE Shares Purchased by AlphaCore Capital LLC

AlphaCore Capital LLC lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 11,746.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 15,400 shares of the exchange traded fund’s stock after buying an additional 15,270 shares during the quarter. AlphaCore Capital LLC’s holdings in SPDR S&P Regional Banking ETF were worth $998,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in KRE. Cresset Asset Management LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth about $343,000. Cerity Partners LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock valued at $4,413,000 after buying an additional 505 shares during the period. Engineers Gate Manager LP acquired a new position in SPDR S&P Regional Banking ETF during the 2nd quarter worth approximately $2,058,000. HRT Financial LP acquired a new position in SPDR S&P Regional Banking ETF during the 2nd quarter worth approximately $2,900,000. Finally, Man Group plc boosted its holdings in SPDR S&P Regional Banking ETF by 607.1% in the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock worth $2,891,000 after acquiring an additional 58,281 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 1.4%

KRE opened at $67.92 on Tuesday. The firm has a market capitalization of $4.09 billion, a P/E ratio of 12.39 and a beta of 0.86. The firm’s 50 day moving average is $67.01 and its 200-day moving average is $66.52. SPDR S&P Regional Banking ETF has a 52-week low of $55.37 and a 52-week high of $74.08.

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.