SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Position Increased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. raised its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 109.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,595 shares of the exchange traded fund’s stock after buying an additional 5,531 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $600,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of KRE. Jane Street Group LLC lifted its stake in SPDR S&P Regional Banking ETF by 136.5% during 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 buying an additional 1,670,478 shares in the last quarter. Baymount Management LP acquired a new position in shares of SPDR S&P Regional Banking ETF in the 1st quarter valued at about $51,185,000. Mirae Asset Securities USA Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $36,825,000. DRW Securities LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 117.6% in the 2nd quarter. DRW Securities LLC now owns 112,000 shares of the exchange traded fund’s stock valued at $5,499,000 after purchasing an additional 748,248 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 1,414.4% in the 2nd quarter. SG Americas Securities LLC now owns 700,479 shares of the exchange traded fund’s stock valued at $34,394,000 after purchasing an additional 654,225 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE opened at $59.83 on Thursday. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a fifty-two week low of $39.16 and a fifty-two week high of $60.82. The business’s 50-day moving average is $56.98 and its 200-day moving average is $52.75.

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.