SPDR S&P Regional Banking ETF $KRE Position Raised by Proffitt & Goodson Inc.

Proffitt & Goodson Inc. raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 28,585 shares of the exchange traded fund’s stock after buying an additional 192 shares during the quarter. Proffitt & Goodson Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $1,698,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KRE. GAMMA Investing LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the first quarter valued at $821,000. Park Avenue Securities LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the first quarter valued at $365,000. SG Americas Securities LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 3,046.1% during the first quarter. SG Americas Securities LLC now owns 719,931 shares of the exchange traded fund’s stock valued at $40,928,000 after purchasing an additional 697,048 shares during the period. Focus Financial Network Inc. increased its holdings in shares of SPDR S&P Regional Banking ETF by 127.7% during the first quarter. Focus Financial Network Inc. now owns 32,514 shares of the exchange traded fund’s stock valued at $1,848,000 after purchasing an additional 18,236 shares during the period. Finally, Arvest Investments Inc. increased its holdings in shares of SPDR S&P Regional Banking ETF by 3.0% during the first quarter. Arvest Investments Inc. now owns 37,072 shares of the exchange traded fund’s stock valued at $2,108,000 after purchasing an additional 1,088 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $63.63 on Wednesday. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10. SPDR S&P Regional Banking ETF has a one year low of $47.06 and a one year high of $70.25. The stock’s fifty day moving average is $63.29 and its 200-day moving average is $59.34.

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.