SPDR S&P Regional Banking ETF (KRE) Position Cut by Bank of Nova Scotia

Bank of Nova Scotia lowered its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 44.9% in the second quarter, HoldingsChannel.com reports. The fund owned 990,104 shares of the exchange traded fund’s stock after selling 805,300 shares during the quarter. Bank of Nova Scotia’s holdings in SPDR S&P Regional Banking ETF were worth $60,396,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of KRE. M&T Bank Corp boosted its holdings in SPDR S&P Regional Banking ETF by 8.2% during the 1st quarter. M&T Bank Corp now owns 13,946 shares of the exchange traded fund’s stock valued at $843,000 after acquiring an additional 1,055 shares during the period. Usca Ria LLC boosted its holdings in SPDR S&P Regional Banking ETF by 29.9% during the 1st quarter. Usca Ria LLC now owns 15,765 shares of the exchange traded fund’s stock valued at $952,000 after acquiring an additional 3,626 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 3.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 91,275 shares of the exchange traded fund’s stock valued at $5,512,000 after acquiring an additional 3,397 shares during the period. Private Advisor Group LLC boosted its holdings in SPDR S&P Regional Banking ETF by 95.7% during the 1st quarter. Private Advisor Group LLC now owns 34,395 shares of the exchange traded fund’s stock valued at $2,077,000 after acquiring an additional 16,819 shares during the period. Finally, ProVise Management Group LLC boosted its holdings in SPDR S&P Regional Banking ETF by 10.8% during the 1st quarter. ProVise Management Group LLC now owns 11,969 shares of the exchange traded fund’s stock valued at $722,000 after acquiring an additional 1,166 shares during the period.

KRE opened at $62.02 on Monday. SPDR S&P Regional Banking ETF has a 52-week low of $51.97 and a 52-week high of $66.04.

About SPDR S&P Regional Banking ETF

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.

Read More: Compound Annual Growth Rate (CAGR)

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE).

Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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