Janney Montgomery Scott LLC Buys 23,368 Shares of SPDR S&P Regional Banking ETF $KRE

Janney Montgomery Scott LLC increased its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 30.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,978 shares of the exchange traded fund’s stock after purchasing an additional 23,368 shares during the quarter. Janney Montgomery Scott LLC owned 0.16% of SPDR S&P Regional Banking ETF worth $6,448,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in KRE. Morgan Stanley raised its stake in 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 valued at $901,870,000 after buying an additional 2,630,511 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of SPDR S&P Regional Banking ETF by 6.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,964,000 shares of the exchange traded fund’s stock worth $580,957,000 after buying an additional 521,000 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of 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 worth $248,098,000 after acquiring an additional 626,836 shares during the period. MKP Capital Management L.L.C. bought a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth $48,329,000. Finally, Jump Financial LLC purchased a new stake in SPDR S&P Regional Banking ETF during the third quarter valued at $46,715,000.

SPDR S&P Regional Banking ETF Stock Performance

KRE stock opened at $75.02 on Friday. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $76.84. The business’s 50-day moving average is $70.76 and its two-hundred day moving average is $68.71. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84.

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.