Associated Banc Corp Grows Position in SPDR S&P Regional Banking ETF (KRE)

Associated Banc Corp increased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 31.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,150 shares of the exchange traded fund’s stock after buying an additional 2,175 shares during the period. Associated Banc Corp’s holdings in SPDR S&P Regional Banking ETF were worth $558,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Solstein Capital LLC acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth about $122,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth about $146,000. Patten Group Inc. raised its stake in SPDR S&P Regional Banking ETF by 69.0% during the first quarter. Patten Group Inc. now owns 2,450 shares of the exchange traded fund’s stock worth $148,000 after acquiring an additional 1,000 shares during the period. Advisors Preferred LLC raised its stake in SPDR S&P Regional Banking ETF by 1,801.9% during the first quarter. Advisors Preferred LLC now owns 3,005 shares of the exchange traded fund’s stock worth $181,000 after acquiring an additional 2,847 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $210,000.

KRE opened at $63.24 on Friday. SPDR S&P Regional Banking ETF has a fifty-two week low of $49.31 and a fifty-two week high of $66.04.

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.

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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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