CI Investments Inc. Has $1.75 Million Stock Holdings in SPDR S&P Regional Banking ETF $KRE

CI Investments Inc. decreased its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 52.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,572 shares of the exchange traded fund’s stock after selling 30,000 shares during the quarter. CI Investments Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $1,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $795,000. Founders Financial Securities LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at $1,756,000. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of SPDR S&P Regional Banking ETF by 8.1% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 44,027 shares of the exchange traded fund’s stock worth $2,625,000 after buying an additional 3,305 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter worth $2,764,000. Finally, Global Retirement Partners LLC acquired a new position in SPDR S&P Regional Banking ETF during the second quarter valued at $522,000.

SPDR S&P Regional Banking ETF Trading Down 1.3%

Shares of SPDR S&P Regional Banking ETF stock opened at $66.60 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $74.08. The company has a market cap of $4.16 billion, a P/E ratio of 12.39 and a beta of 0.90. The stock has a 50-day moving average price of $68.78 and a 200 day moving average price of $65.22.

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.