Moors & Cabot Inc. Has $258,000 Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Moors & Cabot Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 11.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,259 shares of the exchange traded fund’s stock after buying an additional 522 shares during the quarter. Moors & Cabot Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $258,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 136.5% in the first quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock valued at $145,519,000 after purchasing an additional 1,670,478 shares during the last quarter. Baymount Management LP bought a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth $51,185,000. Bessemer Group Inc. lifted its stake in SPDR S&P Regional Banking ETF by 7.5% during the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after purchasing an additional 63,380 shares during the last quarter. Main Management Fund Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 11.6% in the 1st quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock valued at $44,458,000 after purchasing an additional 92,200 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at $36,825,000.

SPDR S&P Regional Banking ETF Trading Down 2.0 %

KRE stock opened at $57.69 on Friday. The firm has a 50-day moving average price of $55.66 and a 200-day moving average price of $50.96. The stock has a market capitalization of $3.08 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12 month low of $37.66 and a 12 month high of $59.59.

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.