Governors Lane LP Has $641,000 Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Governors Lane LP reduced its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 61.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,566 shares of the exchange traded fund’s stock after selling 13,500 shares during the quarter. Governors Lane LP’s holdings in SPDR S&P Regional Banking ETF were worth $641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KRE. MGO One Seven LLC boosted its position in SPDR S&P Regional Banking ETF by 4.3% during the 4th quarter. MGO One Seven LLC now owns 3,771 shares of the exchange traded fund’s stock worth $244,000 after buying an additional 156 shares during the period. Apollon Wealth Management LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 3.9% during the first quarter. Apollon Wealth Management LLC now owns 5,029 shares of the exchange traded fund’s stock valued at $328,000 after acquiring an additional 187 shares during the last quarter. IFG Advisory LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 2.3% during the fourth quarter. IFG Advisory LLC now owns 8,581 shares of the exchange traded fund’s stock valued at $556,000 after acquiring an additional 189 shares during the last quarter. Evansbrook LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 3.9% during the first quarter. Evansbrook LLC now owns 5,290 shares of the exchange traded fund’s stock worth $345,000 after purchasing an additional 200 shares during the period. Finally, KERR FINANCIAL PLANNING Corp lifted its holdings in shares of SPDR S&P Regional Banking ETF by 20.6% during the second quarter. KERR FINANCIAL PLANNING Corp now owns 1,206 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 206 shares during the period.

SPDR S&P Regional Banking ETF Stock Down 1.3%

NYSEARCA KRE opened at $74.31 on Wednesday. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 12.39 and a beta of 0.83. SPDR S&P Regional Banking ETF has a twelve month low of $57.55 and a twelve month high of $78.35. The stock has a fifty day simple moving average of $75.63 and a 200 day simple moving average of $71.09.

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.