World Investment Advisors LLC cut its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,623 shares of the exchange traded fund’s stock after selling 480 shares during the quarter. World Investment Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,620,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in KRE. Larson Financial Group LLC acquired a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $57,000. Future Financial Wealth Managment LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $58,000. Family Firm Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 2nd quarter valued at $60,000. Bristlecone Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter worth $68,000. Finally, Key Financial Inc increased its holdings in SPDR S&P Regional Banking ETF by 1,760.0% in the 2nd quarter. Key Financial Inc now owns 1,860 shares of the exchange traded fund’s stock worth $91,000 after purchasing an additional 1,760 shares in the last quarter.
SPDR S&P Regional Banking ETF Trading Down 0.4 %
SPDR S&P Regional Banking ETF stock opened at $64.77 on Friday. The stock has a 50-day moving average price of $62.86 and a two-hundred day moving average price of $56.44. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25. The company has a market capitalization of $3.46 billion, a PE ratio of 8.36 and a beta of 1.56.
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.
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