Commonwealth Equity Services LLC Has $2.86 Million Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Commonwealth Equity Services LLC grew its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 14.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,297 shares of the exchange traded fund’s stock after buying an additional 7,183 shares during the period. Commonwealth Equity Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $2,862,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 136.5% during the first quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock worth $145,519,000 after purchasing an additional 1,670,478 shares during the period. Baymount Management LP bought a new position in shares of SPDR S&P Regional Banking ETF during the first quarter worth approximately $51,185,000. Bessemer Group Inc. increased its stake in shares of SPDR S&P Regional Banking ETF by 7.5% during the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after purchasing an additional 63,380 shares during the period. Main Management Fund Advisors LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 11.6% during the first quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock worth $44,458,000 after purchasing an additional 92,200 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 1,414.4% during the second quarter. SG Americas Securities LLC now owns 700,479 shares of the exchange traded fund’s stock worth $34,394,000 after purchasing an additional 654,225 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 1.2 %

Shares of NYSEARCA KRE opened at $54.15 on Thursday. The firm has a market cap of $2.89 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1-year low of $37.66 and a 1-year high of $59.59. The business’s 50 day moving average is $54.77 and its 200-day moving average is $50.61.

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.