Stock Traders Purchase High Volume of Put Options on SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) was the recipient of unusually large options trading activity on Monday. Traders acquired 208,216 put options on the company. This is an increase of 116% compared to the typical daily volume of 96,488 put options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Arax Advisory Partners bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $25,000. Aventura Private Wealth LLC acquired a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $26,000. Realta Investment Advisors acquired a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $27,000. Grey Fox Wealth Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $35,000. Finally, Accent Capital Management LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 300 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

KRE stock opened at $68.74 on Tuesday. The company has a market capitalization of $4.30 billion, a P/E ratio of 12.39 and a beta of 0.90. The company has a fifty day moving average price of $68.61 and a 200-day moving average price of $64.89. SPDR S&P Regional Banking ETF has a 52-week low of $47.06 and a 52-week high of $74.08.

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.