Maven Securities LTD Purchases New Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Maven Securities LTD purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,274 shares of the exchange traded fund’s stock, valued at approximately $865,000.

Other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in 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 acquiring an additional 654,225 shares in the last quarter. Bremer Bank National Association increased its position in SPDR S&P Regional Banking ETF by 0.5% in the 2nd quarter. Bremer Bank National Association now owns 253,082 shares of the exchange traded fund’s stock valued at $12,426,000 after acquiring an additional 1,244 shares in the last quarter. Silver Lake Advisory LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $229,000. Miracle Mile Advisors LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $210,000. Finally, Carnegie Investment Counsel increased its position in SPDR S&P Regional Banking ETF by 18.6% in the 2nd quarter. Carnegie Investment Counsel now owns 120,660 shares of the exchange traded fund’s stock valued at $5,924,000 after acquiring an additional 18,903 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $66.71 on Thursday. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The company has a 50 day moving average of $61.44 and a 200-day moving average of $55.64. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.