Y Intercept Hong Kong Ltd Sells 9,741 Shares of SPDR S&P Regional Banking ETF $KRE

Y Intercept Hong Kong Ltd cut its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 61.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,187 shares of the exchange traded fund’s stock after selling 9,741 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Regional Banking ETF were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Elevation Point Wealth Partners LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 12.2% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 13,888 shares of the exchange traded fund’s stock valued at $905,000 after acquiring an additional 1,512 shares during the period. Cane Capital Partners LLC grew its holdings in SPDR S&P Regional Banking ETF by 15.4% in the first quarter. Cane Capital Partners LLC now owns 16,305 shares of the exchange traded fund’s stock worth $1,062,000 after purchasing an additional 2,176 shares during the period. North Star Investment Management Corp. grew its holdings in SPDR S&P Regional Banking ETF by 2,733.7% in the first quarter. North Star Investment Management Corp. now owns 59,508 shares of the exchange traded fund’s stock worth $3,877,000 after purchasing an additional 57,408 shares during the period. Apollon Wealth Management LLC increased its stake in SPDR S&P Regional Banking ETF by 3.9% in the first quarter. Apollon Wealth Management LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 187 shares in the last quarter. Finally, Princeton Global Asset Management LLC bought a new stake in SPDR S&P Regional Banking ETF in the first quarter valued at $404,000.

SPDR S&P Regional Banking ETF Price Performance

KRE stock opened at $75.00 on Wednesday. The stock has a market capitalization of $4.95 billion, a PE ratio of 12.39 and a beta of 0.84. The company’s 50-day moving average is $71.47 and its 200-day moving average is $69.10. SPDR S&P Regional Banking ETF has a 1 year low of $57.55 and a 1 year high of $76.84.

SPDR S&P Regional Banking ETF Company 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.