Nomura Asset Management Co. Ltd. Makes New Investment in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Nomura Asset Management Co. Ltd. bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 34,000 shares of the exchange traded fund’s stock, valued at approximately $1,924,000. Nomura Asset Management Co. Ltd. owned approximately 0.06% of SPDR S&P Regional Banking ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KRE. MML Investors Services LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 274.9% during the third quarter. MML Investors Services LLC now owns 52,291 shares of the exchange traded fund’s stock valued at $2,960,000 after purchasing an additional 38,342 shares during the last quarter. EP Wealth Advisors LLC increased its position in SPDR S&P Regional Banking ETF by 1,910.8% during 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 buying an additional 427,473 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in SPDR S&P Regional Banking ETF during the third quarter valued at $304,000. Stevens Capital Management LP boosted its holdings in SPDR S&P Regional Banking ETF by 197.6% in the third quarter. Stevens Capital Management LP now owns 29,681 shares of the exchange traded fund’s stock worth $1,680,000 after acquiring an additional 19,706 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter worth $13,938,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE stock opened at $64.77 on Friday. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The company’s 50-day moving average is $62.86 and its 200 day moving average is $56.44.

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.