Tidal Investments LLC Raises Holdings in SPDR S&P Regional Banking ETF $KRE

Tidal Investments LLC increased its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 279.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 185,869 shares of the exchange traded fund’s stock after acquiring an additional 136,869 shares during the period. Tidal Investments LLC owned about 0.31% of SPDR S&P Regional Banking ETF worth $13,912,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Arax Advisory Partners purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. MWA Asset Management purchased a new position in shares of SPDR S&P Regional Banking ETF during the 1st quarter valued at approximately $46,000. Fourth Dimension Wealth LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 41.5% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 737 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 216 shares in the last quarter. UMB Bank n.a. purchased a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $52,000. Finally, Elyxium Wealth LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $70,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE opened at $73.90 on Friday. The company’s fifty day moving average price is $75.52 and its 200 day moving average price is $71.14. SPDR S&P Regional Banking ETF has a 1 year low of $57.55 and a 1 year high of $78.35. The company has a market capitalization of $4.50 billion, a PE ratio of 12.39 and a beta of 0.83.

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.