Community Trust & Investment Co. Invests $10.90 Million in SPDR S&P Regional Banking ETF $KRE

Community Trust & Investment Co. purchased a new position 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 SEC. The firm purchased 172,139 shares of the exchange traded fund’s stock, valued at approximately $10,896,000. Community Trust & Investment Co. owned about 0.29% of SPDR S&P Regional Banking ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in SPDR S&P Regional Banking ETF by 23.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,001,499 shares of the exchange traded fund’s stock worth $118,869,000 after buying an additional 381,080 shares during the period. B & T Capital Management DBA Alpha Capital Management bought a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $21,066,000. Highlander Partners L.P. acquired a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $11,878,000. Garda Capital Partners LP bought a new position in SPDR S&P Regional Banking ETF during the second quarter worth about $8,166,000. Finally, Rockefeller Capital Management L.P. increased its position in SPDR S&P Regional Banking ETF by 239.7% during the second quarter. Rockefeller Capital Management L.P. now owns 164,654 shares of the exchange traded fund’s stock worth $9,779,000 after acquiring an additional 116,189 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 2.0%

Shares of SPDR S&P Regional Banking ETF stock opened at $66.56 on Tuesday. The stock has a market capitalization of $3.98 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a twelve month low of $47.06 and a twelve month high of $68.08. The company has a 50-day simple moving average of $63.54 and a two-hundred day simple moving average of $62.83.

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.