SPDR S&P Regional Banking ETF $KRE is Kapitalo Investimentos Ltda’s 3rd Largest Position

Kapitalo Investimentos Ltda decreased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 51.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 802,873 shares of the exchange traded fund’s stock after selling 847,063 shares during the quarter. SPDR S&P Regional Banking ETF makes up approximately 10.0% of Kapitalo Investimentos Ltda’s holdings, making the stock its 3rd largest holding. Kapitalo Investimentos Ltda’s holdings in SPDR S&P Regional Banking ETF were worth $52,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $36,021,000. Envestnet Portfolio Solutions Inc. purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $795,000. Founders Financial Securities LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $1,756,000. Great Hill Capital LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $1,582,000. Finally, Altfest L J & Co. Inc. purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $10,742,000.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $69.63 on Wednesday. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 12.39 and a beta of 0.87. The business has a 50-day moving average of $67.21 and a two-hundred day moving average of $65.60. SPDR S&P Regional Banking ETF has a 12 month low of $51.03 and a 12 month high of $74.08.

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.