Integrated Wealth Concepts LLC grew its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 5.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 182,769 shares of the exchange traded fund’s stock after buying an additional 9,511 shares during the quarter. Integrated Wealth Concepts LLC owned 0.30% of SPDR S&P Regional Banking ETF worth $13,680,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cresset Asset Management LLC acquired a new stake in SPDR S&P Regional Banking ETF in the second quarter valued at $343,000. Cerity Partners LLC increased its position in shares of SPDR S&P Regional Banking ETF by 0.7% in the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock worth $4,413,000 after purchasing an additional 505 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of SPDR S&P Regional Banking ETF in the 2nd quarter worth about $2,058,000. HRT Financial LP acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $2,900,000. Finally, Man Group plc raised its stake in shares of SPDR S&P Regional Banking ETF by 607.1% in the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock valued at $2,891,000 after purchasing an additional 58,281 shares in the last quarter.
SPDR S&P Regional Banking ETF Stock Performance
Shares of KRE stock opened at $73.45 on Thursday. SPDR S&P Regional Banking ETF has a one year low of $57.55 and a one year high of $78.35. The company’s 50-day simple moving average is $75.57 and its 200-day simple moving average is $71.11. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of 12.39 and a beta of 0.83.
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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