Clal Insurance Enterprises Holdings Ltd Invests $83.39 Million in SPDR S&P Regional Banking ETF $KRE

Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 1,280,000 shares of the exchange traded fund’s stock, valued at approximately $83,392,000. Clal Insurance Enterprises Holdings Ltd owned approximately 2.13% of SPDR S&P Regional Banking ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of KRE. Morgan Stanley boosted its stake in SPDR S&P Regional Banking ETF by 23.3% during the fourth quarter. Morgan Stanley now owns 13,915,604 shares of the exchange traded fund’s stock valued at $901,870,000 after buying an additional 2,630,511 shares in the last quarter. MKP Capital Management L.L.C. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $48,329,000. Jump Financial LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $46,715,000. Nan Shan Life Insurance Co. Ltd. raised its holdings in shares of SPDR S&P Regional Banking ETF by 3,515.3% in the 3rd quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock worth $41,243,000 after purchasing an additional 633,522 shares in the last quarter. Finally, Two Sigma Investments LP lifted its stake in SPDR S&P Regional Banking ETF by 19.0% during the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock valued at $248,098,000 after purchasing an additional 626,836 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA:KRE opened at $75.98 on Wednesday. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 1-year low of $57.55 and a 1-year high of $78.10. The company has a 50 day moving average price of $72.17 and a 200 day moving average price of $69.48.

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.