Quadrature Capital Ltd Has $2.61 Million Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Quadrature Capital Ltd raised its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 679.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,933 shares of the exchange traded fund’s stock after purchasing an additional 45,267 shares during the quarter. Quadrature Capital Ltd owned 0.10% of SPDR S&P Regional Banking ETF worth $2,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Main Management Fund Advisors LLC increased its position in shares of SPDR S&P Regional Banking ETF by 11.6% in the first quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock valued at $44,458,000 after acquiring an additional 92,200 shares during the last quarter. Carlson Capital L P increased its position in shares of SPDR S&P Regional Banking ETF by 163.1% in the first quarter. Carlson Capital L P now owns 63,600 shares of the exchange traded fund’s stock valued at $3,198,000 after acquiring an additional 39,424 shares during the last quarter. Bessemer Group Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 7.5% in the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock valued at $45,956,000 after acquiring an additional 63,380 shares during the last quarter. Lcnb Corp acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $225,000. Finally, Patten & Patten Inc. TN increased its position in shares of SPDR S&P Regional Banking ETF by 19.4% in the first quarter. Patten & Patten Inc. TN now owns 57,971 shares of the exchange traded fund’s stock valued at $2,915,000 after acquiring an additional 9,411 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 1.7 %

Shares of NYSEARCA:KRE traded up $1.01 during midday trading on Friday, reaching $59.23. The company had a trading volume of 19,226,955 shares, compared to its average volume of 14,544,030. The business’s 50 day moving average price is $49.90 and its 200 day moving average price is $49.28. The stock has a market cap of $3.16 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1-year low of $37.66 and a 1-year high of $59.41.

SPDR S&P Regional Banking ETF Company 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.