SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Burns J W & Co. Inc. NY

Burns J W & Co. Inc. NY reduced its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,704 shares of the exchange traded fund’s stock after selling 1,845 shares during the period. Burns J W & Co. Inc. NY owned approximately 0.05% of SPDR S&P Regional Banking ETF worth $935,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of KRE. Atlas Capital Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth $27,000. Reilly Financial Advisors LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 6,180.0% during the second quarter. Reilly Financial Advisors LLC now owns 628 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 618 shares during the last quarter. Bartlett & Co. LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth $40,000. NEXT Financial Group Inc purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth $65,000. Finally, SRS Capital Advisors Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter worth $73,000.

Shares of SPDR S&P Regional Banking ETF stock traded up $1.20 during trading on Friday, hitting $52.36. 444,990 shares of the company’s stock were exchanged, compared to its average volume of 7,390,604. The business has a 50-day simple moving average of $51.60 and a 200-day simple moving average of $52.65. SPDR S&P Regional Banking ETF has a 52-week low of $43.95 and a 52-week high of $58.99.

The firm also recently announced a — dividend, which was paid on Wednesday, September 25th. Investors of record on Monday, September 23rd were issued a dividend of $0.3301 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a dividend yield of 2.2%.

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.

Recommended Story: Are Wall Street analysts’ stock ratings worth following?

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

Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.