Oppenheimer & Co. Inc. Increases Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Oppenheimer & Co. Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 258.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 99,222 shares of the exchange traded fund’s stock after purchasing an additional 71,511 shares during the quarter. Oppenheimer & Co. Inc. owned 0.19% of SPDR S&P Regional Banking ETF worth $5,616,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Silver Lake Advisory LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter valued at $229,000. One Capital Management LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 9.8% during the 2nd quarter. One Capital Management LLC now owns 190,334 shares of the exchange traded fund’s stock valued at $9,345,000 after acquiring an additional 17,031 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 10.1% during the second quarter. Private Advisor Group LLC now owns 16,528 shares of the exchange traded fund’s stock worth $812,000 after purchasing an additional 1,520 shares in the last quarter. Bessemer Group Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 7.5% in the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after purchasing an additional 63,380 shares during the last quarter. Finally, Savant Capital LLC increased its position in shares of SPDR S&P Regional Banking ETF by 10.0% in the second quarter. Savant Capital LLC now owns 10,992 shares of the exchange traded fund’s stock worth $540,000 after purchasing an additional 1,000 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $65.83 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $43.51 and a 1 year high of $67.96. The firm has a market cap of $3.52 billion, a PE ratio of 8.36 and a beta of 1.56. The company has a 50 day simple moving average of $58.40 and a two-hundred day simple moving average of $53.94.

About SPDR S&P Regional Banking ETF

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.