Prime Capital Investment Advisors LLC Takes $565,000 Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Prime Capital Investment Advisors LLC bought a new position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,983 shares of the exchange traded fund’s stock, valued at approximately $565,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in SPDR S&P Regional Banking ETF by 136.5% during the 1st quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock worth $145,519,000 after acquiring an additional 1,670,478 shares during the last quarter. Main Management ETF Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock valued at $124,653,000 after purchasing an additional 63,750 shares during the last quarter. Baymount Management LP acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at approximately $51,185,000. Bessemer Group Inc. raised its position in SPDR S&P Regional Banking ETF by 7.5% in the 1st quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after purchasing an additional 63,380 shares during the last quarter. Finally, Main Management Fund Advisors LLC lifted its holdings in SPDR S&P Regional Banking ETF by 11.6% during the 1st quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock worth $44,458,000 after buying an additional 92,200 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.0 %

KRE stock opened at $65.84 on Friday. SPDR S&P Regional Banking ETF has a twelve month low of $43.51 and a twelve month high of $67.96. The company has a market cap of $3.52 billion, a P/E ratio of 8.36 and a beta of 1.56. The business has a fifty day moving average of $58.62 and a 200-day moving average of $54.06.

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.