Nomura Asset Management Co. Ltd. Purchases 18,500 Shares of SPDR S&P Regional Banking ETF $KRE

Nomura Asset Management Co. Ltd. increased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 183.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 28,600 shares of the exchange traded fund’s stock after acquiring an additional 18,500 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in SPDR S&P Regional Banking ETF were worth $1,854,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth about $36,021,000. Great Hill Capital LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $1,582,000. Valley Wealth Managers Inc. raised its position in SPDR S&P Regional Banking ETF by 19,594,500.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 195,946 shares of the exchange traded fund’s stock worth $12,699,000 after purchasing an additional 195,945 shares during the period. Quantbot Technologies LP purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth about $3,355,000. Finally, Kraft Davis & Associates LLC bought a new stake in SPDR S&P Regional Banking ETF in the third quarter worth about $1,429,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA KRE opened at $70.17 on Friday. The company has a market cap of $4.22 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 1 year low of $55.55 and a 1 year high of $74.08. The firm has a 50-day simple moving average of $68.53 and a two-hundred day simple moving average of $67.33.

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.