SPDR S&P Regional Banking ETF $KRE Position Decreased by Signaturefd LLC

Signaturefd LLC trimmed its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 84.1% during the third quarter, Holdings Channel.com reports. The fund owned 6,482 shares of the exchange traded fund’s stock after selling 34,401 shares during the period. Signaturefd LLC’s holdings in SPDR S&P Regional Banking ETF were worth $450,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Capital Wealth Advisors purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth $934,000. Renaissance Technologies LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 21.0% in the first quarter. Renaissance Technologies LLC now owns 141,900 shares of the exchange traded fund’s stock valued at $9,245,000 after purchasing an additional 24,600 shares during the period. Nwam LLC acquired a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter worth approximately $779,000. Summit Securities Group LLC boosted its position in SPDR S&P Regional Banking ETF by 216.2% in the 1st quarter. Summit Securities Group LLC now owns 23,919 shares of the exchange traded fund’s stock valued at $1,558,000 after buying an additional 16,354 shares during the period. Finally, First Eagle Investment Management LLC boosted its position in SPDR S&P Regional Banking ETF by 34.3% in the 2nd quarter. First Eagle Investment Management LLC now owns 236,569 shares of the exchange traded fund’s stock valued at $17,707,000 after buying an additional 60,450 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $72.01 on Friday. The business has a fifty day moving average price of $71.97 and a 200 day moving average price of $70.96. SPDR S&P Regional Banking ETF has a 12 month low of $58.20 and a 12 month high of $78.35. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 12.39 and a beta of 0.87.

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.