Tidal Investments LLC Raises Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Tidal Investments LLC raised its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 279.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 185,869 shares of the exchange traded fund’s stock after purchasing an additional 136,869 shares during the period. Tidal Investments LLC’s holdings in SPDR S&P Regional Banking ETF were worth $13,912,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Morgan Stanley raised its stake in shares of SPDR S&P Regional Banking ETF by 23.3% during the 4th quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock worth $901,870,000 after buying an additional 2,630,511 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SPDR S&P Regional Banking ETF in the 1st quarter valued at $83,392,000. MKP Capital Management L.L.C. acquired a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at $48,329,000. Jump Financial LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth $46,715,000. Finally, Nan Shan Life Insurance Co. Ltd. increased its holdings in SPDR S&P Regional Banking ETF by 3,515.3% in the 3rd quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock worth $41,243,000 after acquiring an additional 633,522 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $73.90 on Friday. The stock has a market capitalization of $4.50 billion, a PE ratio of 12.39 and a beta of 0.83. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $78.35. The company has a fifty day moving average of $75.52 and a two-hundred day moving average of $71.14.

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.