Menora Mivtachim Holdings LTD. increased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 3,000.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 527,000 shares of the exchange traded fund’s stock after acquiring an additional 510,000 shares during the period. Menora Mivtachim Holdings LTD. owned approximately 0.93% of SPDR S&P Regional Banking ETF worth $33,359,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Realta Investment Advisors purchased a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $27,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $35,000. Accent Capital Management LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 300 shares during the last quarter. Mountain Hill Investment Partners Corp. bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $39,000. Finally, Fifth Third Bancorp increased its position in SPDR S&P Regional Banking ETF by 73.6% during the 3rd quarter. Fifth Third Bancorp now owns 1,349 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 572 shares in the last quarter.
SPDR S&P Regional Banking ETF Trading Down 0.8%
Shares of NYSEARCA:KRE opened at $63.46 on Friday. The stock has a fifty day simple moving average of $68.67 and a two-hundred day simple moving average of $65.28. SPDR S&P Regional Banking ETF has a 12-month low of $47.06 and a 12-month high of $74.08. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90.
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.
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