Oppenheimer & Co. Inc. Acquires 71,511 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Oppenheimer & Co. Inc. lifted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 258.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 99,222 shares of the exchange traded fund’s stock after purchasing an additional 71,511 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $5,616,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Clear Point Advisors Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth approximately $44,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Regional Banking ETF during the 2nd quarter valued at $50,000. Future Financial Wealth Managment LLC bought a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth $58,000. Family Firm Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at about $60,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter worth about $68,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $65.83 on Friday. The stock’s 50-day moving average is $58.40 and its 200 day moving average is $53.94. The company has a market cap of $3.52 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $43.51 and a 1 year high of $67.96.

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.