Clal Insurance Enterprises Holdings Ltd Purchases New Holdings in SPDR S&P Regional Banking ETF $KRE

Clal Insurance Enterprises Holdings Ltd acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the first quarter, Holdings Channel reports. The firm acquired 1,280,000 shares of the exchange traded fund’s stock, valued at approximately $83,392,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KRE. Morgan Stanley lifted its holdings in shares of SPDR S&P Regional Banking ETF by 23.3% in the fourth quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock valued at $901,870,000 after purchasing an additional 2,630,511 shares in the last quarter. MKP Capital Management L.L.C. purchased a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at $48,329,000. Jump Financial LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at $46,715,000. Nan Shan Life Insurance Co. Ltd. raised its position in SPDR S&P Regional Banking ETF by 3,515.3% during the third quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock valued at $41,243,000 after buying an additional 633,522 shares during the period. Finally, Two Sigma Investments LP raised its position in SPDR S&P Regional Banking ETF by 19.0% during the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock valued at $248,098,000 after buying an additional 626,836 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $75.98 on Wednesday. The stock has a market cap of $4.87 billion, a PE ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $78.10. The stock’s 50-day moving average is $72.17 and its two-hundred day moving average is $69.48.

About SPDR S&P Regional Banking ETF

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.