M&T Bank Corp Boosts Position in SPDR S&P Regional Banking ETF $KRE

M&T Bank Corp boosted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 160.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,615 shares of the exchange traded fund’s stock after buying an additional 10,224 shares during the quarter. M&T Bank Corp’s holdings in SPDR S&P Regional Banking ETF were worth $1,077,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KRE. Aventura Private Wealth LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $26,000. Realta Investment Advisors purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $27,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $35,000. Accent Capital Management LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 100.0% during the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 300 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $39,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $69.85 on Friday. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 12.39 and a beta of 0.87. The company has a 50 day moving average price of $66.98 and a 200-day moving average price of $65.89. SPDR S&P Regional Banking ETF has a 1-year low of $53.71 and a 1-year high of $74.08.

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.