SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by Parkside Investments LLC

Parkside Investments LLC increased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,740 shares of the exchange traded fund’s stock after acquiring an additional 485 shares during the period. Parkside Investments LLC owned about 0.21% of SPDR S&P Regional Banking ETF worth $6,864,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in KRE. EP Wealth Advisors LLC raised its holdings in SPDR S&P Regional Banking ETF by 1,910.8% in the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after acquiring an additional 427,473 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $20,777,000. Holocene Advisors LP lifted its position in shares of SPDR S&P Regional Banking ETF by 142.6% during the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock worth $29,963,000 after purchasing an additional 311,147 shares during the last quarter. Parcion Private Wealth LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the third quarter worth $14,189,000. Finally, Quadrature Capital Ltd purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at $13,938,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA KRE opened at $63.33 on Monday. The business has a 50-day moving average of $63.39 and a two-hundred day moving average of $59.38. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25.

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.