SPDR S&P Regional Banking ETF $KRE Shares Sold by Optiver Holding B.V.

Optiver Holding B.V. cut its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 614,400 shares of the exchange traded fund’s stock after selling 71,953 shares during the quarter. SPDR S&P Regional Banking ETF makes up 0.0% of Optiver Holding B.V.’s investment portfolio, making the stock its 26th biggest holding. Optiver Holding B.V.’s holdings in SPDR S&P Regional Banking ETF were worth $38,892,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $795,000. Founders Financial Securities LLC acquired a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter worth $1,756,000. Banco Bilbao Vizcaya Argentaria S.A. grew its position in SPDR S&P Regional Banking ETF by 8.1% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 44,027 shares of the exchange traded fund’s stock worth $2,625,000 after purchasing an additional 3,305 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at $2,764,000. Finally, Patten & Patten Inc. TN increased its stake in 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 valued at $11,808,000 after purchasing an additional 17,186 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $68.67 on Wednesday. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $74.08. The firm has a 50-day simple moving average of $68.65 and a 200-day simple moving average of $64.95. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90.

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.