Bessemer Group Inc. Raises Position in SPDR S&P Regional Banking ETF $KRE

Bessemer Group Inc. raised its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 17.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,266,123 shares of the exchange traded fund’s stock after purchasing an additional 333,799 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $147,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Morgan Stanley increased its position in shares of SPDR S&P Regional Banking ETF by 23.3% during the fourth quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock valued at $901,870,000 after buying an additional 2,630,511 shares during the period. MKP Capital Management L.L.C. bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $48,329,000. Jump Financial LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $46,715,000. Nan Shan Life Insurance Co. Ltd. raised its stake in shares of SPDR S&P Regional Banking ETF by 3,515.3% during the third quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock worth $41,243,000 after acquiring an additional 633,522 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of SPDR S&P Regional Banking ETF by 19.0% during the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock valued at $248,098,000 after buying an additional 626,836 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 2.8%

Shares of SPDR S&P Regional Banking ETF stock opened at $77.92 on Friday. The business has a 50 day moving average of $71.73 and a 200 day moving average of $69.25. SPDR S&P Regional Banking ETF has a 52 week low of $57.55 and a 52 week high of $78.10. The company has a market cap of $5.15 billion, a PE ratio of 12.39 and a beta of 0.84.

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.