SPDR S&P Regional Banking ETF $KRE Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 12,358.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,926 shares of the exchange traded fund’s stock after buying an additional 21,750 shares during the period. Hsbc Holdings PLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,424,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley boosted its stake 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 in the last quarter. MKP Capital Management L.L.C. purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at approximately $48,329,000. Jump Financial LLC acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth $46,715,000. Nan Shan Life Insurance Co. Ltd. boosted its position in 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 purchasing an additional 633,522 shares in the last quarter. Finally, Two Sigma Investments LP grew its holdings in SPDR S&P Regional Banking ETF by 19.0% in 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 purchasing an additional 626,836 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $74.85 on Wednesday. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $75.31. The stock’s fifty day moving average is $70.42 and its two-hundred day moving average is $68.55.

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.