Y Intercept Hong Kong Ltd Has $1.47 Million Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Y Intercept Hong Kong Ltd lifted its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 580.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,278 shares of the exchange traded fund’s stock after purchasing an additional 20,710 shares during the period. Y Intercept Hong Kong Ltd’s holdings in SPDR S&P Regional Banking ETF were worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Trust Co. of Toledo NA OH raised its stake in SPDR S&P Regional Banking ETF by 4.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 193 shares during the last quarter. Armstrong Advisory Group Inc. raised its stake in SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 255 shares during the last quarter. Principal Securities Inc. raised its stake in SPDR S&P Regional Banking ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 285 shares during the last quarter. Joseph P. Lucia & Associates LLC raised its stake in SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock valued at $1,104,000 after purchasing an additional 358 shares during the last quarter. Finally, Lowe Wealth Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at $25,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $61.01 on Wednesday. The stock has a market cap of $4.66 billion, a P/E ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The company has a fifty day moving average price of $62.22 and a 200 day moving average price of $60.66.

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.