Menora Mivtachim Holdings LTD. Grows Holdings in SPDR S&P Regional Banking ETF $KRE

Menora Mivtachim Holdings LTD. boosted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3,000.0% during the third quarter, Holdings Channel.com reports. The fund owned 527,000 shares of the exchange traded fund’s stock after acquiring an additional 510,000 shares during the quarter. Menora Mivtachim Holdings LTD.’s holdings in SPDR S&P Regional Banking ETF were worth $33,359,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. bought a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth $795,000. Founders Financial Securities LLC bought a new stake in SPDR S&P Regional Banking ETF during the third quarter valued at about $1,756,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of SPDR S&P Regional Banking ETF by 8.1% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 44,027 shares of the exchange traded fund’s stock valued at $2,625,000 after acquiring an additional 3,305 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $522,000. Finally, Patten & Patten Inc. TN boosted its stake in shares of SPDR S&P Regional Banking ETF by 10.1% in the third quarter. Patten & Patten Inc. TN now owns 186,533 shares of the exchange traded fund’s stock worth $11,808,000 after acquiring an additional 17,186 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.8%

NYSEARCA:KRE opened at $63.46 on Friday. The stock has a 50-day moving average price of $68.67 and a 200 day moving average price of $65.28. The stock has a market capitalization of $3.97 billion, a P/E ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 12-month low of $47.06 and a 12-month high of $74.08.

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.