Itau Unibanco Holding S.A. acquired a new position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 66,302 shares of the exchange traded fund’s stock, valued at approximately $3,753,000. Itau Unibanco Holding S.A. owned 0.12% of SPDR S&P Regional Banking ETF as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of KRE. Holocene Advisors LP raised its holdings in SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after acquiring an additional 311,147 shares during the last quarter. Concentric Capital Strategies LP acquired a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $2,741,000. Kolinsky Wealth Management LLC purchased a new position in SPDR S&P Regional Banking ETF during the third quarter worth approximately $215,000. Carl P. Sherr & Co. LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter worth $211,000. Finally, Financial Counselors Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $207,000.
SPDR S&P Regional Banking ETF Price Performance
SPDR S&P Regional Banking ETF stock opened at $67.08 on Tuesday. The firm’s 50 day simple moving average is $61.00 and its 200-day simple moving average is $55.46. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The company has a market cap of $3.58 billion, a P/E ratio of 8.36 and a beta of 1.56.
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.
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