Rockefeller Capital Management L.P. Has $9.78 Million Stake in SPDR S&P Regional Banking ETF $KRE

Rockefeller Capital Management L.P. grew its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 239.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,654 shares of the exchange traded fund’s stock after purchasing an additional 116,189 shares during the period. Rockefeller Capital Management L.P. owned about 0.30% of SPDR S&P Regional Banking ETF worth $9,779,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in SPDR S&P Regional Banking ETF by 283.9% in the 2nd quarter. GAMMA Investing LLC now owns 975 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 721 shares in the last quarter. Farther Finance Advisors LLC grew its stake in SPDR S&P Regional Banking ETF by 718.8% during the second quarter. Farther Finance Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $86,000 after buying an additional 1,265 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $205,000. Envestnet Asset Management Inc. raised its position in shares of SPDR S&P Regional Banking ETF by 10.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 94,211 shares of the exchange traded fund’s stock valued at $5,356,000 after buying an additional 9,268 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of SPDR S&P Regional Banking ETF by 22.9% during the 1st quarter. Cetera Investment Advisers now owns 175,603 shares of the exchange traded fund’s stock worth $9,983,000 after acquiring an additional 32,706 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $59.79 on Thursday. The company’s 50 day simple moving average is $61.98 and its 200 day simple moving average is $60.98. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $70.25.

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.