Integrated Advisors Network LLC lessened its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 46.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,645 shares of the exchange traded fund’s stock after selling 11,763 shares during the quarter. Integrated Advisors Network LLC’s holdings in SPDR S&P Regional Banking ETF were worth $889,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Arax Advisory Partners acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at $25,000. Aventura Private Wealth LLC acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $26,000. UMB Bank n.a. acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth about $52,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $63,000. Finally, Assetmark Inc. raised its holdings in shares of SPDR S&P Regional Banking ETF by 207.0% in the 4th quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 714 shares during the period.
SPDR S&P Regional Banking ETF Price Performance
NYSEARCA KRE opened at $73.34 on Thursday. The firm has a market capitalization of $5.08 billion, a P/E ratio of 12.39 and a beta of 0.84. SPDR S&P Regional Banking ETF has a 1-year low of $57.55 and a 1-year high of $76.84. The business’s 50-day simple moving average is $71.06 and its 200-day simple moving average is $68.88.
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.
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