SPDR S&P Regional Banking ETF Sees Unusually High Options Volume (NYSEARCA:KRE)

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) was the recipient of unusually large options trading on Thursday. Stock traders acquired 151,695 call options on the company. This is an increase of approximately 50% compared to the typical volume of 100,874 call options.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Beaird Harris Wealth Management LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 12.5% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 1,920 shares of the exchange traded fund’s stock valued at $97,000 after purchasing an additional 214 shares during the period. SAM Advisors LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 0.4% during the 4th quarter. SAM Advisors LLC now owns 62,176 shares of the exchange traded fund’s stock worth $3,260,000 after buying an additional 230 shares in the last quarter. Calton & Associates Inc. grew its position in shares of SPDR S&P Regional Banking ETF by 0.7% during the 1st quarter. Calton & Associates Inc. now owns 35,637 shares of the exchange traded fund’s stock worth $1,792,000 after buying an additional 249 shares during the period. Banque Cantonale Vaudoise increased its stake in shares of SPDR S&P Regional Banking ETF by 5.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 5,194 shares of the exchange traded fund’s stock valued at $261,000 after acquiring an additional 262 shares in the last quarter. Finally, Jamison Private Wealth Management Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 11.6% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,744 shares of the exchange traded fund’s stock valued at $144,000 after acquiring an additional 286 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

KRE traded up $2.10 on Thursday, hitting $51.97. 23,552,172 shares of the company were exchanged, compared to its average volume of 13,892,788. The stock’s fifty day moving average is $48.56 and its 200-day moving average is $48.97. SPDR S&P Regional Banking ETF has a 12 month low of $37.66 and a 12 month high of $54.47. The company has a market cap of $2.78 billion, a PE 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.