IMC Chicago LLC Increases Holdings in SPDR S&P Regional Banking ETF $KRE

IMC Chicago LLC lifted its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 147.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 215,172 shares of the exchange traded fund’s stock after acquiring an additional 128,166 shares during the period. IMC Chicago LLC owned 0.36% of SPDR S&P Regional Banking ETF worth $14,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KRE. Arax Advisory Partners bought a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $25,000. Aventura Private Wealth LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $26,000. UMB Bank n.a. purchased a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $52,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $63,000. Finally, Assetmark Inc. increased its position in shares of SPDR S&P Regional Banking ETF by 207.0% during the 4th quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 714 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA KRE opened at $75.78 on Thursday. The business’s 50 day moving average price is $71.57 and its 200-day moving average price is $69.17. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $76.84. The company has a market cap of $5.01 billion, a P/E ratio of 12.39 and a beta of 0.84.

SPDR S&P Regional Banking ETF 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.