Walleye Capital LLC lowered its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 32.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,227 shares of the exchange traded fund’s stock after selling 42,995 shares during the quarter. Walleye Capital LLC’s holdings in SPDR S&P Regional Banking ETF were worth $5,813,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Cresset Asset Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at approximately $343,000. Cerity Partners LLC raised its position in SPDR S&P Regional Banking ETF by 0.7% during the second quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock valued at $4,413,000 after acquiring an additional 505 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $2,058,000. HRT Financial LP acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $2,900,000. Finally, Man Group plc lifted its stake in SPDR S&P Regional Banking ETF by 607.1% in the second quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock valued at $2,891,000 after acquiring an additional 58,281 shares during the last quarter.
SPDR S&P Regional Banking ETF Stock Down 0.5%
KRE stock opened at $75.60 on Thursday. The firm has a 50 day moving average of $72.34 and a two-hundred day moving average of $69.55. SPDR S&P Regional Banking ETF has a 12 month low of $57.55 and a 12 month high of $78.10. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84.
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.
See Also
- Five stocks we like better than SPDR S&P Regional Banking ETF
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report).
Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.
