DRW Securities LLC Purchases 39,326 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

DRW Securities LLC lifted its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 35.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,326 shares of the exchange traded fund’s stock after purchasing an additional 39,326 shares during the quarter. DRW Securities LLC owned 0.28% of SPDR S&P Regional Banking ETF worth $8,565,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KRE. Clear Point Advisors Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 1st quarter worth $44,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at about $50,000. Larson Financial Group LLC acquired a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at about $57,000. Future Financial Wealth Managment LLC acquired a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at about $58,000. Finally, Family Firm Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at about $60,000.

SPDR S&P Regional Banking ETF Stock Up 2.5 %

NYSEARCA:KRE opened at $67.79 on Monday. The stock’s 50-day simple moving average is $59.73 and its 200 day simple moving average is $54.73. The firm has a market capitalization of $3.62 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a twelve month low of $43.51 and a twelve month high of $67.96.

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.