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

Cibc World Market Inc. increased its holdings 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 Securities and Exchange Commission (SEC). The fund owned 227,296 shares of the exchange traded fund’s stock after buying an additional 43,571 shares during the quarter. Cibc World Market Inc. owned 0.36% of SPDR S&P Regional Banking ETF worth $14,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KRE. MKP Capital Management L.L.C. purchased a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $48,329,000. Jump Financial LLC purchased a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $46,715,000. Nan Shan Life Insurance Co. Ltd. grew its stake in SPDR S&P Regional Banking ETF by 3,515.3% during the 3rd quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock worth $41,243,000 after buying an additional 633,522 shares during the last quarter. 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 worth $248,098,000 after buying an additional 626,836 shares during the last quarter. Finally, Fiduciary Trust Co grew its stake in SPDR S&P Regional Banking ETF by 11,595.2% during the 3rd quarter. Fiduciary Trust Co now owns 604,057 shares of the exchange traded fund’s stock worth $38,237,000 after buying an additional 598,892 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock opened at $70.17 on Friday. SPDR S&P Regional Banking ETF has a 1-year low of $55.55 and a 1-year high of $74.08. The stock’s fifty day moving average price is $68.53 and its 200 day moving average price is $67.33. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84.

SPDR S&P Regional Banking ETF Company 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.