PNC Financial Services Group Inc. Sells 11,410 Shares of SPDR S&P Regional Banking ETF $KRE

PNC Financial Services Group Inc. lessened its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 172,984 shares of the exchange traded fund’s stock after selling 11,410 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $11,211,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Two Sigma Investments LP increased its holdings in shares of SPDR S&P Regional Banking ETF by 19.0% in the 3rd quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock worth $248,098,000 after buying an additional 626,836 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 9.3% during the 3rd quarter. Bessemer Group Inc. now owns 2,187,419 shares of the exchange traded fund’s stock valued at $138,462,000 after purchasing an additional 185,920 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at $104,441,000. Jump Financial LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at $46,715,000. Finally, Nan Shan Life Insurance Co. Ltd. grew its holdings in shares of SPDR S&P Regional Banking ETF by 3,515.3% during the 3rd quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock valued at $41,243,000 after purchasing an additional 633,522 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.2%

Shares of KRE opened at $69.37 on Friday. The stock has a market capitalization of $4.17 billion, a P/E ratio of 12.39 and a beta of 0.86. The firm has a fifty day simple moving average of $67.35 and a two-hundred day simple moving average of $66.73. SPDR S&P Regional Banking ETF has a twelve month low of $55.37 and a twelve month high of $74.08.

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.