Main Management ETF Advisors LLC Invests $58.33 Million in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Main Management ETF Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 966,600 shares of the exchange traded fund’s stock, valued at approximately $58,334,000. SPDR S&P Regional Banking ETF makes up about 2.6% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 11th largest position. Main Management ETF Advisors LLC owned about 1.81% of SPDR S&P Regional Banking ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH raised its stake in shares of SPDR S&P Regional Banking ETF by 4.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 193 shares in the last quarter. MGO One Seven LLC increased its holdings in SPDR S&P Regional Banking ETF by 5.1% in the fourth quarter. MGO One Seven LLC now owns 4,178 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 201 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in SPDR S&P Regional Banking ETF by 25.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 255 shares in the last quarter. Benchmark Investment Advisors LLC lifted its stake in SPDR S&P Regional Banking ETF by 1.6% in the fourth quarter. Benchmark Investment Advisors LLC now owns 16,143 shares of the exchange traded fund’s stock valued at $974,000 after acquiring an additional 255 shares during the last quarter. Finally, Principal Securities Inc. grew its position in SPDR S&P Regional Banking ETF by 5.0% in the fourth quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock worth $364,000 after acquiring an additional 285 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.5%

Shares of KRE opened at $59.46 on Wednesday. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 12.43 and a beta of 0.89. The company’s fifty day moving average is $54.52 and its 200-day moving average is $60.13. SPDR S&P Regional Banking ETF has a 12 month low of $45.76 and a 12 month high of $70.25.

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.