Venture Visionary Partners LLC Sells 130,311 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Venture Visionary Partners LLC lessened its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 54.9% during the 3rd quarter, Holdings Channel reports. The firm owned 106,921 shares of the exchange traded fund’s stock after selling 130,311 shares during the period. Venture Visionary Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $6,052,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Clear Point Advisors Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF during the first quarter valued at approximately $44,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter worth $50,000. Future Financial Wealth Managment LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $58,000. Family Firm Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF during the second quarter valued at about $60,000. Finally, Woodmont Investment Counsel LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter worth about $63,000.

SPDR S&P Regional Banking ETF Trading Down 2.9 %

Shares of NYSEARCA:KRE traded down $1.75 during mid-day trading on Monday, reaching $57.89. The stock had a trading volume of 19,219,723 shares, compared to its average volume of 14,234,545. The business’s 50 day moving average price is $56.20 and its 200 day moving average price is $52.17. SPDR S&P Regional Banking ETF has a 1 year low of $37.66 and a 1 year high of $60.61. The company has a market cap of $3.09 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.