SPDR S&P Regional Banking ETF $KRE Stock Position Raised by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. boosted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 29.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 103,492 shares of the exchange traded fund’s stock after purchasing an additional 23,492 shares during the period. Prescott Group Capital Management L.L.C. owned 0.18% of SPDR S&P Regional Banking ETF worth $6,551,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Moors & Cabot Inc. boosted its position in shares of SPDR S&P Regional Banking ETF by 4.9% in the second quarter. Moors & Cabot Inc. now owns 3,836 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 178 shares during the period. CWM LLC boosted its position in SPDR S&P Regional Banking ETF by 9.8% during the 2nd quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock worth $133,000 after acquiring an additional 201 shares during the period. Quantum Portfolio Management LLC grew its stake in SPDR S&P Regional Banking ETF by 3.2% during the 2nd quarter. Quantum Portfolio Management LLC now owns 7,053 shares of the exchange traded fund’s stock valued at $419,000 after acquiring an additional 218 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of SPDR S&P Regional Banking ETF by 0.3% in the 3rd quarter. Carnegie Investment Counsel now owns 98,015 shares of the exchange traded fund’s stock valued at $6,204,000 after purchasing an additional 280 shares during the period. Finally, AE Wealth Management LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 13.7% in the third quarter. AE Wealth Management LLC now owns 2,322 shares of the exchange traded fund’s stock worth $147,000 after purchasing an additional 280 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $70.70 on Friday. The company has a market capitalization of $4.42 billion, a PE ratio of 12.39 and a beta of 0.90. The company’s 50 day moving average price is $67.94 and its 200 day moving average price is $64.29. SPDR S&P Regional Banking ETF has a 52 week low of $47.06 and a 52 week high of $74.08.

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.