1,649,936 Shares in SPDR S&P Regional Banking ETF $KRE Purchased by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda purchased a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 3rd quarter, HoldingsChannel reports. The firm purchased 1,649,936 shares of the exchange traded fund’s stock, valued at approximately $104,441,000. SPDR S&P Regional Banking ETF comprises approximately 19.4% of Kapitalo Investimentos Ltda’s investment portfolio, making the stock its biggest holding.

Several other large investors have also bought and sold shares of KRE. Absolute Capital Management LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at $1,482,000. TD Waterhouse Canada Inc. raised its holdings in SPDR S&P Regional Banking ETF by 5.6% in the third quarter. TD Waterhouse Canada Inc. now owns 7,572 shares of the exchange traded fund’s stock worth $477,000 after buying an additional 400 shares during the last quarter. Valeo Financial Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $223,000. Truist Financial Corp raised its stake in shares of SPDR S&P Regional Banking ETF by 0.8% in the third quarter. Truist Financial Corp now owns 222,744 shares of the exchange traded fund’s stock worth $14,100,000 after purchasing an additional 1,790 shares during the last quarter. Finally, Bluesphere Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $230,000.

SPDR S&P Regional Banking ETF Trading Down 0.7%

NYSEARCA:KRE opened at $67.78 on Thursday. SPDR S&P Regional Banking ETF has a 12 month low of $47.06 and a 12 month high of $71.26. The company has a market cap of $4.15 billion, a PE ratio of 12.39 and a beta of 0.90. The company has a 50 day simple moving average of $66.06 and a two-hundred day simple moving average of $63.63.

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.