SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC lifted its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 274.9% during the third quarter, Holdings Channel.com reports. The firm owned 52,291 shares of the exchange traded fund’s stock after acquiring an additional 38,342 shares during the period. MML Investors Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $2,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Mirae Asset Securities USA Inc. acquired a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $36,825,000. DRW Securities LLC grew its stake in SPDR S&P Regional Banking ETF by 117.6% in the 2nd quarter. DRW Securities LLC now owns 112,000 shares of the exchange traded fund’s stock valued at $5,499,000 after acquiring an additional 748,248 shares during the period. Toronto Dominion Bank grew its stake in SPDR S&P Regional Banking ETF by 195.9% in the 2nd quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock valued at $37,046,000 after acquiring an additional 499,500 shares during the period. EP Wealth Advisors LLC grew its stake in SPDR S&P Regional Banking ETF by 1,910.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after acquiring an additional 427,473 shares during the period. Finally, SMI Advisory Services LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $20,777,000.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $64.77 on Friday. The company’s fifty day moving average price is $62.86 and its 200 day moving average price is $56.44. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The stock has a market capitalization of $3.46 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.