SPDR S&P Regional Banking ETF Sees Unusually Large Options Volume (NYSEARCA:KRE)

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) saw some unusual options trading on Tuesday. Investors acquired 146,988 put options on the company. This is an increase of approximately 94% compared to the typical daily volume of 75,910 put options.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. MGO One Seven LLC lifted its holdings in SPDR S&P Regional Banking ETF by 4.3% in the fourth quarter. MGO One Seven LLC now owns 3,771 shares of the exchange traded fund’s stock valued at $244,000 after acquiring an additional 156 shares during the period. Apollon Wealth Management LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 3.9% in the 1st 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. IFG Advisory LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 2.3% in the 4th quarter. IFG Advisory LLC now owns 8,581 shares of the exchange traded fund’s stock valued at $556,000 after purchasing an additional 189 shares in the last quarter. Evansbrook LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 3.9% in the first quarter. Evansbrook LLC now owns 5,290 shares of the exchange traded fund’s stock valued at $345,000 after purchasing an additional 200 shares during the period. Finally, KERR FINANCIAL PLANNING Corp lifted its stake in shares of SPDR S&P Regional Banking ETF by 20.6% in the second quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock valued at $90,000 after purchasing an additional 206 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock traded down $0.54 during trading hours on Tuesday, reaching $76.85. 12,307,570 shares of the company’s stock were exchanged, compared to its average volume of 16,300,277. The company has a market cap of $4.68 billion, a P/E ratio of 12.39 and a beta of 0.84. The company’s 50 day moving average is $75.08 and its two-hundred day moving average is $70.71. SPDR S&P Regional Banking ETF has a 1 year low of $57.55 and a 1 year high of $78.35.

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.