BNP Paribas Arbitrage SA reduced its stake in shares of SPDR KBW Regional Banking (NYSE:KRE) by 14.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,594,140 shares of the exchange traded fund’s stock after selling 271,780 shares during the period. BNP Paribas Arbitrage SA’s holdings in SPDR KBW Regional Banking were worth $90,483,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Allegis Investment Advisors LLC lifted its holdings in shares of SPDR KBW Regional Banking by 0.6% during the 2nd quarter. Allegis Investment Advisors LLC now owns 4,272 shares of the exchange traded fund’s stock worth $235,000 after acquiring an additional 26 shares during the last quarter. Wellington Shields Capital Management LLC lifted its holdings in shares of SPDR KBW Regional Banking by 0.4% during the 2nd quarter. Wellington Shields Capital Management LLC now owns 12,020 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 50 shares during the last quarter. National Planning Corp lifted its holdings in shares of SPDR KBW Regional Banking by 0.8% during the 2nd quarter. National Planning Corp now owns 9,160 shares of the exchange traded fund’s stock worth $514,000 after acquiring an additional 75 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of SPDR KBW Regional Banking by 1.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,591 shares of the exchange traded fund’s stock worth $307,000 after acquiring an additional 98 shares during the last quarter. Finally, Associated Banc Corp lifted its holdings in shares of SPDR KBW Regional Banking by 1.6% during the 2nd quarter. Associated Banc Corp now owns 14,424 shares of the exchange traded fund’s stock worth $793,000 after acquiring an additional 225 shares during the last quarter.

SPDR KBW Regional Banking (NYSE:KRE) traded up $0.14 during midday trading on Friday, hitting $54.59. 2,926,554 shares of the stock were exchanged. SPDR KBW Regional Banking has a 52 week low of $47.16 and a 52 week high of $59.68.

ILLEGAL ACTIVITY NOTICE: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.thecerbatgem.com/2017/11/10/spdr-kbw-regional-banking-kre-shares-sold-by-bnp-paribas-arbitrage-sa.html.

SPDR KBW Regional Banking 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.

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR KBW Regional Banking (NYSE:KRE).

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

Receive News & Stock Ratings for SPDR KBW Regional Banking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR KBW Regional Banking and related stocks with our FREE daily email newsletter.