Cibc World Market Inc. Boosts Stock Position in SPDR S&P Regional Banking ETF $KRE

Cibc World Market Inc. raised its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 23.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 227,296 shares of the exchange traded fund’s stock after purchasing an additional 43,571 shares during the quarter. Cibc World Market Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $14,731,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Two Sigma Investments LP grew its stake in SPDR S&P Regional Banking ETF by 19.0% during the 3rd quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock valued at $248,098,000 after purchasing an additional 626,836 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of SPDR S&P Regional Banking ETF by 9.3% in 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 buying an additional 185,920 shares during the period. MKP Capital Management L.L.C. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at about $48,329,000. Jump Financial LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $46,715,000. Finally, Nan Shan Life Insurance Co. Ltd. lifted its holdings in shares of SPDR S&P Regional Banking ETF by 3,515.3% in 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 buying an additional 633,522 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 0.3%

Shares of KRE stock opened at $70.17 on Friday. The stock has a market cap of $4.22 billion, a PE ratio of 12.39 and a beta of 0.84. The business has a 50-day simple moving average of $68.53 and a 200-day simple moving average of $67.33. SPDR S&P Regional Banking ETF has a 52-week low of $55.55 and a 52-week high of $74.08.

SPDR S&P Regional Banking ETF 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.