Greenwood Capital Associates LLC increased its stake in SPDR KBW Regional Banking (NYSE:KRE) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,317 shares of the exchange traded fund’s stock after buying an additional 5,765 shares during the period. Greenwood Capital Associates LLC’s holdings in SPDR KBW Regional Banking were worth $2,655,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Peak Asset Management LLC bought a new position in shares of SPDR KBW Regional Banking during the second quarter valued at $200,000. Lucas Capital Management raised 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 during the last quarter. Stratos Wealth Partners LTD. raised 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 during the last quarter. Edge Wealth Management LLC raised 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 during the last quarter. Finally, Lyell Wealth Management LP bought a new position in shares of SPDR KBW Regional Banking during the second quarter valued at $341,000.

Shares of SPDR KBW Regional Banking (KRE) opened at 51.85 on Wednesday. The firm has a 50 day moving average of $54.04 and a 200 day moving average of $54.58. SPDR KBW Regional Banking has a one year low of $40.97 and a one year high of $59.68.

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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.

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

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