SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 50.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 142,897 shares of the exchange traded fund’s stock after selling 146,187 shares during the period. Cetera Investment Advisers’ holdings in SPDR S&P Regional Banking ETF were worth $8,624,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Gries Financial LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $641,000. Truist Financial Corp boosted its position in SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock valued at $11,343,000 after purchasing an additional 3,762 shares during the period. Empowered Funds LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $1,550,000. Jones Financial Companies Lllp boosted its position in SPDR S&P Regional Banking ETF by 192.2% during the 4th quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock valued at $928,000 after purchasing an additional 10,110 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its position in SPDR S&P Regional Banking ETF by 25.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock valued at $670,000 after purchasing an additional 2,251 shares during the period.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $56.58 on Monday. SPDR S&P Regional Banking ETF has a 12-month low of $45.76 and a 12-month high of $70.25. The firm has a market capitalization of $3.23 billion, a P/E ratio of 12.43 and a beta of 0.89. The business has a 50 day simple moving average of $54.47 and a 200 day simple moving average of $60.13.

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.