Silver Lake Advisory LLC Purchases New Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Silver Lake Advisory LLC acquired a new stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,657 shares of the exchange traded fund’s stock, valued at approximately $229,000.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC boosted its position 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 valued at $145,519,000 after buying an additional 1,670,478 shares during the last quarter. Baymount Management LP bought a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter worth approximately $51,185,000. Mirae Asset Securities USA Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter valued at approximately $36,825,000. DRW Securities LLC lifted its position in SPDR S&P Regional Banking ETF by 117.6% during the second quarter. DRW Securities LLC now owns 112,000 shares of the exchange traded fund’s stock valued at $5,499,000 after purchasing an additional 748,248 shares during the period. Finally, SG Americas Securities LLC lifted its position in 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 valued at $34,394,000 after purchasing an additional 654,225 shares during the period.

SPDR S&P Regional Banking ETF Trading Up 0.1 %

NYSEARCA:KRE opened at $55.92 on Monday. The company has a 50 day simple moving average of $55.81 and a two-hundred day simple moving average of $51.29. The company has a market cap of $2.99 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12 month low of $37.66 and a 12 month high of $59.59.

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.