SPDR S&P Regional Banking ETF $KRE Shares Acquired by Greenland Capital Management LP

Greenland Capital Management LP boosted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 46.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,011 shares of the exchange traded fund’s stock after purchasing an additional 6,988 shares during the quarter. Greenland Capital Management LP’s holdings in SPDR S&P Regional Banking ETF were worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KRE. Legend Financial Advisors Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF during the second quarter worth about $25,000. SouthState Corp acquired a new stake in SPDR S&P Regional Banking ETF during the first quarter worth approximately $27,000. Trust Co. of Vermont purchased a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter worth approximately $53,000. Private Wealth Asset Management LLC raised its holdings in SPDR S&P Regional Banking ETF by 114.9% in the 2nd quarter. Private Wealth Asset Management LLC now owns 935 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 500 shares during the last quarter. Finally, Private Trust Co. NA purchased a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth $57,000.

SPDR S&P Regional Banking ETF Stock Up 1.1%

KRE stock opened at $59.79 on Thursday. SPDR S&P Regional Banking ETF has a 52-week low of $47.06 and a 52-week high of $70.25. The stock’s fifty 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 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.