Nokota Management LP Has $26.74 Million Position in SPDR S&P Regional Banking ETF (KRE)

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Nokota Management LP reduced its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 91.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 438,285 shares of the exchange traded fund’s stock after selling 4,900,000 shares during the period. Nokota Management LP owned approximately 0.51% of SPDR S&P Regional Banking ETF worth $26,735,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. K2 Principal Fund L.P. purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter valued at approximately $3,660,000. BB&T Securities LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 85.1% during the second quarter. BB&T Securities LLC now owns 301,609 shares of the exchange traded fund’s stock valued at $18,398,000 after buying an additional 138,644 shares during the period. Baird Financial Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 15.5% during the second quarter. Baird Financial Group Inc. now owns 77,797 shares of the exchange traded fund’s stock valued at $4,746,000 after buying an additional 10,461 shares during the period. Global Retirement Partners LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 58.9% during the second quarter. Global Retirement Partners LLC now owns 3,301 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 1,223 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of SPDR S&P Regional Banking ETF by 22.4% during the second quarter. Captrust Financial Advisors now owns 7,399 shares of the exchange traded fund’s stock valued at $451,000 after buying an additional 1,355 shares during the period.

Shares of KRE opened at $63.60 on Thursday. SPDR S&P Regional Banking ETF has a 1 year low of $49.31 and a 1 year high of $66.04.

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.

Further Reading: Book Value Per Share in Stock Trading

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

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