Capital Investment Counsel Inc Has $1.43 Million Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Capital Investment Counsel Inc increased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 26.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,015 shares of the exchange traded fund’s stock after buying an additional 6,115 shares during the quarter. Capital Investment Counsel Inc owned about 0.05% of SPDR S&P Regional Banking ETF worth $1,425,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of KRE. Jane Street Group LLC grew its holdings 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 worth $145,519,000 after buying an additional 1,670,478 shares in the last quarter. Baymount Management LP bought a new position in SPDR S&P Regional Banking ETF during the 1st quarter valued at $51,185,000. SG Americas Securities LLC lifted its stake in SPDR S&P Regional Banking ETF by 1,414.4% during 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 acquiring an additional 654,225 shares in the last quarter. First Financial Bankshares Inc bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at $20,471,000. Finally, Delta Investment Management LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at $17,880,000.

SPDR S&P Regional Banking ETF Stock Down 1.9 %

NYSEARCA:KRE traded down $1.04 during trading hours on Tuesday, hitting $54.46. 9,347,717 shares of the company traded hands, compared to its average volume of 14,694,983. The firm’s 50-day simple moving average is $51.98 and its 200-day simple moving average is $49.68. SPDR S&P Regional Banking ETF has a one year low of $37.66 and a one year high of $59.59. The company has a market cap of $2.91 billion, a PE ratio of 8.36 and a beta of 1.56.

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.