SPDR S&P Regional Banking ETF Target of Unusually Large Options Trading (NYSEARCA:KRE)

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) saw some unusual options trading activity on Monday. Investors bought 140,874 put options on the company. This is an increase of approximately 48% compared to the average daily volume of 95,162 put options.

Institutional Trading of SPDR S&P Regional Banking ETF

Several institutional investors and hedge funds have recently bought and sold shares of KRE. Morgan Stanley increased its holdings in shares of SPDR S&P Regional Banking ETF by 23.3% during the 4th quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock worth $901,870,000 after acquiring an additional 2,630,511 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in SPDR S&P Regional Banking ETF during the 1st quarter valued at $83,392,000. MKP Capital Management L.L.C. bought a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth $48,329,000. Jump Financial LLC bought a new position in SPDR S&P Regional Banking ETF during the third quarter worth $46,715,000. Finally, Nan Shan Life Insurance Co. Ltd. increased its holdings in shares of SPDR S&P Regional Banking ETF by 3,515.3% in the third 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 Down 0.8%

Shares of KRE stock traded down $0.63 on Monday, reaching $74.54. The stock had a trading volume of 14,258,947 shares, compared to its average volume of 17,461,801. The firm’s 50-day moving average is $70.22 and its two-hundred day moving average is $68.43. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 12 month low of $57.55 and a 12 month high of $75.31.

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.