MKP Capital Management L.L.C. Acquires Shares of 745,700 SPDR S&P Regional Banking ETF $KRE

MKP Capital Management L.L.C. acquired a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 745,700 shares of the exchange traded fund’s stock, valued at approximately $48,329,000. SPDR S&P Regional Banking ETF comprises 1.7% of MKP Capital Management L.L.C.’s portfolio, making the stock its 8th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KRE. Cresset Asset Management LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter valued at approximately $343,000. Cerity Partners LLC raised its stake in SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock valued at $4,413,000 after acquiring an additional 505 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter valued at approximately $2,058,000. HRT Financial LP purchased a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter valued at approximately $2,900,000. Finally, Man Group plc raised its stake in SPDR S&P Regional Banking ETF by 607.1% during the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock valued at $2,891,000 after acquiring an additional 58,281 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Down 1.9%

KRE opened at $68.31 on Tuesday. The business has a 50 day moving average price of $68.10 and a two-hundred day moving average price of $67.14. The company has a market cap of $4.11 billion, a PE ratio of 12.39 and a beta of 0.86. SPDR S&P Regional Banking ETF has a 52 week low of $55.55 and a 52 week high of $74.08.

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.