JPMorgan Chase & Co. Has $223.41 Million Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

JPMorgan Chase & Co. increased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1,861.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,701,950 shares of the exchange traded fund’s stock after acquiring an additional 3,513,217 shares during the quarter. JPMorgan Chase & Co. owned about 0.07% of SPDR S&P Regional Banking ETF worth $223,413,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Banco BTG Pactual S.A. acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at about $1,910,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $198,000. Horrell Capital Management Inc. acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $129,000. Simplex Trading LLC bought a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $1,150,000. Finally, Quantbot Technologies LP grew its holdings in SPDR S&P Regional Banking ETF by 908.2% during the 4th quarter. Quantbot Technologies LP now owns 72,597 shares of the exchange traded fund’s stock worth $4,381,000 after acquiring an additional 65,396 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $56.85 on Tuesday. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 12.74 and a beta of 1.09. The firm has a fifty day moving average of $60.85 and a two-hundred day moving average of $61.06.

SPDR S&P Regional Banking ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a $0.3782 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.