Parallel Advisors LLC boosted its stake in shares of SPDR KBW Regional Banking (NYSE:KRE) by 3.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,780 shares of the exchange traded fund’s stock after buying an additional 640 shares during the period. Parallel Advisors LLC’s holdings in SPDR KBW Regional Banking were worth $1,187,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of KRE. Peak Asset Management LLC purchased a new position in shares of SPDR KBW Regional Banking during the second quarter valued at $200,000. Lucas Capital Management increased its position in shares of SPDR KBW Regional Banking by 26.4% in the second quarter. Lucas Capital Management now owns 32,803 shares of the exchange traded fund’s stock valued at $1,803,000 after buying an additional 6,852 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in shares of SPDR KBW Regional Banking by 16.7% in the second quarter. Stratos Wealth Partners LTD. now owns 8,742 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 1,252 shares in the last quarter. Edge Wealth Management LLC increased its position in shares of SPDR KBW Regional Banking by 995.0% in the second quarter. Edge Wealth Management LLC now owns 22,010 shares of the exchange traded fund’s stock valued at $1,224,000 after buying an additional 20,000 shares in the last quarter. Finally, Lyell Wealth Management LP purchased a new position in shares of SPDR KBW Regional Banking during the second quarter valued at $341,000.

Shares of SPDR KBW Regional Banking (NYSE:KRE) traded up 0.46% during trading on Friday, reaching $52.61. 455,428 shares of the company’s stock traded hands. SPDR KBW Regional Banking has a one year low of $40.97 and a one year high of $59.68. The company has a 50 day moving average price of $54.12 and a 200-day moving average price of $54.60.

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SPDR KBW Regional Banking 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.

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Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSE:KRE)

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