Etfidea LLC Has $511,000 Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Etfidea LLC grew its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 25.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,029 shares of the exchange traded fund’s stock after purchasing an additional 1,851 shares during the quarter. Etfidea LLC’s holdings in SPDR S&P Regional Banking ETF were worth $511,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Jane Street Group LLC grew its position in shares of SPDR S&P Regional Banking ETF by 136.5% in the first quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock valued at $145,519,000 after purchasing an additional 1,670,478 shares during the last quarter. Main Management ETF Advisors LLC grew its position in shares of SPDR S&P Regional Banking ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock valued at $124,653,000 after purchasing an additional 63,750 shares during the last quarter. Baymount Management LP acquired a new stake in SPDR S&P Regional Banking ETF during the first quarter worth about $51,185,000. Main Management Fund Advisors LLC grew its position in SPDR S&P Regional Banking ETF by 11.6% during the first quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock worth $44,458,000 after buying an additional 92,200 shares in the last quarter. Finally, Toronto Dominion Bank grew its position in SPDR S&P Regional Banking ETF by 195.9% during the second quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock worth $37,046,000 after buying an additional 499,500 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.6 %

KRE stock opened at $65.34 on Wednesday. SPDR S&P Regional Banking ETF has a twelve month low of $43.51 and a twelve month high of $67.96. The company has a market cap of $3.49 billion, a PE ratio of 8.36 and a beta of 1.56. The business’s 50-day simple moving average is $59.04 and its 200 day simple moving average is $54.38.

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.