26,830 SPDR S&P Regional Banking ETF $KRE Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 846.4% during the third quarter, HoldingsChannel reports. The firm owned 30,000 shares of the exchange traded fund’s stock after purchasing an additional 26,830 shares during the period. International Assets Investment Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $2,083,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter worth $83,392,000. Quantitative Investment Management LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $33,267,000. IMC Chicago LLC raised its position in shares of SPDR S&P Regional Banking ETF by 164.2% in the second quarter. IMC Chicago LLC now owns 568,491 shares of the exchange traded fund’s stock valued at $42,552,000 after buying an additional 353,319 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 17.3% in the first quarter. Bessemer Group Inc. now owns 2,266,123 shares of the exchange traded fund’s stock worth $147,640,000 after buying an additional 333,799 shares in the last quarter. Finally, Insight Wealth Strategies LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the second quarter worth about $18,818,000.

SPDR S&P Regional Banking ETF Trading Down 1.2%

KRE opened at $72.88 on Wednesday. The firm has a market capitalization of $3.96 billion, a PE ratio of 12.39 and a beta of 0.87. SPDR S&P Regional Banking ETF has a twelve month low of $58.20 and a twelve month high of $78.35. The firm’s 50-day moving average price is $71.91 and its 200 day moving average price is $71.03.

SPDR S&P Regional Banking ETF Company 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.