First Eagle Investment Management LLC Grows Stock Position in SPDR S&P Regional Banking ETF $KRE

First Eagle Investment Management LLC boosted its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 30.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 159,119 shares of the exchange traded fund’s stock after buying an additional 37,500 shares during the period. First Eagle Investment Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $10,313,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aventura Private Wealth LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at $26,000. Grey Fox Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $35,000. Accent Capital Management LLC raised its holdings in SPDR S&P Regional Banking ETF by 100.0% during the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 300 shares during the period. Mountain Hill Investment Partners Corp. purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $39,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $63,000.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $68.23 on Wednesday. The stock’s fifty day moving average is $67.00 and its 200 day moving average is $66.34. SPDR S&P Regional Banking ETF has a fifty-two week low of $55.37 and a fifty-two week high of $74.08. The firm has a market capitalization of $4.10 billion, a PE ratio of 12.39 and a beta of 0.86.

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.