TD Waterhouse Canada Inc. raised its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 100.3% in the second quarter, Holdings Channel.com reports. The fund owned 41,681 shares of the exchange traded fund’s stock after buying an additional 20,870 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $3,177,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in shares of SPDR S&P Regional Banking ETF by 23.3% in the 4th quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock valued at $901,870,000 after acquiring an additional 2,630,511 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of SPDR S&P Regional Banking ETF by 6.2% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,964,000 shares of the exchange traded fund’s stock worth $580,957,000 after buying an additional 521,000 shares during the period. Two Sigma Investments LP boosted its position in shares of SPDR S&P Regional Banking ETF by 19.0% in the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock worth $248,098,000 after buying an additional 626,836 shares during the period. Bessemer Group Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 17.3% in the first quarter. Bessemer Group Inc. now owns 2,266,123 shares of the exchange traded fund’s stock valued at $147,640,000 after buying an additional 333,799 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new position in SPDR S&P Regional Banking ETF in the 1st quarter worth approximately $83,392,000.
SPDR S&P Regional Banking ETF Price Performance
Shares of NYSEARCA:KRE opened at $75.27 on Tuesday. The company has a 50 day moving average of $75.64 and a two-hundred day moving average of $71.07. SPDR S&P Regional Banking ETF has a 52-week low of $57.55 and a 52-week high of $78.35. The company has a market capitalization of $4.58 billion, a price-to-earnings ratio of 12.39 and a beta of 0.83.
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.
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