DAVENPORT & Co LLC Has $1.33 Million Position in SPDR S&P Regional Banking ETF $KRE

DAVENPORT & Co LLC raised its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.2% in the 2nd quarter, Holdings Channel reports. The firm owned 22,425 shares of the exchange traded fund’s stock after buying an additional 906 shares during the period. DAVENPORT & Co LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,332,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. GAMMA Investing LLC bought a new position in SPDR S&P Regional Banking ETF in the first quarter valued at $821,000. Park Avenue Securities LLC bought a new position in SPDR S&P Regional Banking ETF in the first quarter valued at $365,000. Simon Quick Advisors LLC grew its position in SPDR S&P Regional Banking ETF by 15.0% in the first quarter. Simon Quick Advisors LLC now owns 9,776 shares of the exchange traded fund’s stock valued at $556,000 after purchasing an additional 1,276 shares in the last quarter. Parkside Investments LLC grew its position in SPDR S&P Regional Banking ETF by 3.5% in the first quarter. Parkside Investments LLC now owns 117,767 shares of the exchange traded fund’s stock valued at $6,695,000 after purchasing an additional 4,027 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. grew its position in SPDR S&P Regional Banking ETF by 18.1% in the first quarter. Quintet Private Bank Europe S.A. now owns 14,581 shares of the exchange traded fund’s stock valued at $829,000 after purchasing an additional 2,239 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 4.4%

SPDR S&P Regional Banking ETF stock opened at $60.19 on Friday. The company has a market cap of $3.53 billion, a P/E ratio of 12.39 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 1-year low of $47.06 and a 1-year high of $70.25. The company has a fifty day simple moving average of $63.42 and a 200 day simple moving average of $59.41.

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.