SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Sees Large Volume Increase

Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KREGet Rating) saw unusually-high trading volume on Thursday . Approximately 244,284 shares traded hands during trading, a decline of 97% from the previous session’s volume of 7,383,702 shares.The stock last traded at $57.79 and had previously closed at $58.09.

SPDR S&P Regional Banking ETF Stock Performance

The stock has a 50-day moving average of $60.43 and a two-hundred day moving average of $61.77.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Transcend Capital Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth $498,000. Anderson Hoagland & Co. increased its holdings in shares of SPDR S&P Regional Banking ETF by 7.7% in the 4th quarter. Anderson Hoagland & Co. now owns 117,082 shares of the exchange traded fund’s stock worth $6,809,000 after purchasing an additional 8,377 shares in the last quarter. Intrua Financial LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 42.7% in the 4th quarter. Intrua Financial LLC now owns 9,059 shares of the exchange traded fund’s stock worth $527,000 after purchasing an additional 2,712 shares in the last quarter. Lion Street Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth $245,000. Finally, KG&L Capital Management LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 28.0% in the 4th quarter. KG&L Capital Management LLC now owns 9,940 shares of the exchange traded fund’s stock worth $584,000 after purchasing an additional 2,173 shares in the last quarter.

About SPDR S&P Regional Banking ETF

(Get Rating)

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.

Featured Stories

Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.