SPDR S&P Regional Banking ETF $KRE Stock: Oppenheimer & Co. Inc. Raises Stake

Oppenheimer & Co. Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 297.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,899 shares of the exchange traded fund’s stock after purchasing an additional 17,890 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $1,660,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KRE. Bessemer Group Inc. grew its position in shares of SPDR S&P Regional Banking ETF by 17.3% during the 1st quarter. Bessemer Group Inc. now owns 2,266,123 shares of the exchange traded fund’s stock valued at $147,640,000 after buying an additional 333,799 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in SPDR S&P Regional Banking ETF in the first quarter worth about $83,392,000. IMC Chicago LLC lifted its holdings in SPDR S&P Regional Banking ETF by 164.2% in the second quarter. IMC Chicago LLC now owns 568,491 shares of the exchange traded fund’s stock worth $42,552,000 after acquiring an additional 353,319 shares during the last quarter. Quantitative Investment Management LLC acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $33,267,000. Finally, Cetera Investment Advisers boosted its stake in SPDR S&P Regional Banking ETF by 11.6% in the first quarter. Cetera Investment Advisers now owns 272,998 shares of the exchange traded fund’s stock valued at $17,786,000 after acquiring an additional 28,390 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $72.01 on Monday. The firm has a market capitalization of $4.04 billion, a PE ratio of 12.39 and a beta of 0.87. The stock has a 50 day moving average of $71.97 and a 200-day moving average of $70.96. SPDR S&P Regional Banking ETF has a 52 week low of $58.20 and a 52 week high of $78.35.

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.