Walleye Capital LLC Has $5.81 Million Stake in SPDR S&P Regional Banking ETF $KRE

Walleye Capital LLC trimmed its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 32.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 89,227 shares of the exchange traded fund’s stock after selling 42,995 shares during the period. Walleye Capital LLC owned 0.15% of SPDR S&P Regional Banking ETF worth $5,813,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Arax Advisory Partners purchased a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at $25,000. MWA Asset Management purchased a new position in shares of SPDR S&P Regional Banking ETF during the first quarter valued at $46,000. UMB Bank n.a. acquired a new position in SPDR S&P Regional Banking ETF during the fourth quarter valued at $52,000. Assetmark Inc. raised its position in SPDR S&P Regional Banking ETF by 207.0% during the fourth quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 714 shares during the period. Finally, Elyxium Wealth LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter worth about $70,000.

SPDR S&P Regional Banking ETF Trading Down 0.5%

Shares of NYSEARCA KRE opened at $75.60 on Thursday. SPDR S&P Regional Banking ETF has a one year low of $57.55 and a one year high of $78.10. The firm has a market capitalization of $4.85 billion, a PE ratio of 12.39 and a beta of 0.84. The business has a 50-day moving average price of $72.34 and a two-hundred day moving average price of $69.55.

About SPDR S&P Regional Banking ETF

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.