Quantbot Technologies LP Purchases 65,396 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Quantbot Technologies LP boosted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 908.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,597 shares of the exchange traded fund’s stock after acquiring an additional 65,396 shares during the quarter. Quantbot Technologies LP owned 0.14% of SPDR S&P Regional Banking ETF worth $4,381,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Lowe Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $26,000. Valley Wealth Managers Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 22,750.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 455 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth $32,000. Finally, Lee Danner & Bass Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $54,000.

SPDR S&P Regional Banking ETF Stock Down 0.1 %

Shares of KRE opened at $57.26 on Friday. The stock has a market cap of $3.66 billion, a PE ratio of 12.46 and a beta of 1.09. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The business has a 50-day simple moving average of $61.36 and a two-hundred day simple moving average of $60.89.

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.