Capstone Investment Advisors LLC lowered its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 24.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 341,394 shares of the exchange traded fund’s stock after selling 111,209 shares during the period. Capstone Investment Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $19,323,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. Main Management ETF Advisors LLC increased its holdings in SPDR S&P Regional Banking ETF by 2.6% during the 2nd quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock worth $124,653,000 after purchasing an additional 63,750 shares during the period. Toronto Dominion Bank raised its holdings in SPDR S&P Regional Banking ETF by 195.9% in the second quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock valued at $37,046,000 after acquiring an additional 499,500 shares in the last quarter. Mirae Asset Securities USA Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $36,825,000. National Bank of Canada FI lifted its stake in SPDR S&P Regional Banking ETF by 63.7% in the second quarter. National Bank of Canada FI now owns 710,572 shares of the exchange traded fund’s stock worth $34,725,000 after acquiring an additional 276,437 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in SPDR S&P Regional Banking ETF by 1,414.4% during the 2nd quarter. SG Americas Securities LLC now owns 700,479 shares of the exchange traded fund’s stock worth $34,394,000 after acquiring an additional 654,225 shares in the last quarter.
SPDR S&P Regional Banking ETF Trading Down 0.3 %
Shares of NYSEARCA:KRE opened at $67.94 on Friday. SPDR S&P Regional Banking ETF has a 52 week low of $43.51 and a 52 week high of $70.25. The company’s 50 day moving average is $60.41 and its two-hundred day moving average is $55.07. The company has a market cap of $3.63 billion, a PE ratio of 8.36 and a beta of 1.56.
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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