SPDR S&P Regional Banking ETF $KRE Shares Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. increased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 378,181 shares of the exchange traded fund’s stock after purchasing an additional 17,633 shares during the quarter. Raymond James Financial Inc. owned approximately 0.66% of SPDR S&P Regional Banking ETF worth $21,500,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in KRE. MGO One Seven LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 5.1% during the 4th quarter. MGO One Seven LLC now owns 4,178 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 201 shares during the last quarter. Beacon Pointe Advisors LLC raised its stake in SPDR S&P Regional Banking ETF by 20.9% during the 4th quarter. Beacon Pointe Advisors LLC now owns 6,446 shares of the exchange traded fund’s stock worth $389,000 after acquiring an additional 1,113 shares in the last quarter. Perbak Capital Partners LLP purchased a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $9,965,000. Comerica Bank lifted its position in SPDR S&P Regional Banking ETF by 11.6% in the fourth quarter. Comerica Bank now owns 7,668 shares of the exchange traded fund’s stock valued at $463,000 after acquiring an additional 800 shares during the last quarter. Finally, Fifth Lane Capital LP acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at $786,000.

SPDR S&P Regional Banking ETF Stock Performance

KRE opened at $65.23 on Wednesday. The business’s 50-day simple moving average is $61.32 and its 200-day simple moving average is $58.40. SPDR S&P Regional Banking ETF has a one year low of $47.06 and a one year high of $70.25. The stock has a market capitalization of $3.60 billion, a P/E ratio of 12.39 and a beta of 1.10.

SPDR S&P Regional Banking ETF 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.