Cowa LLC Sells 301 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Cowa LLC decreased its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 25,456 shares of the exchange traded fund’s stock after selling 301 shares during the quarter. Cowa LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,536,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in KRE. EP Wealth Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after acquiring an additional 427,473 shares in the last quarter. Holocene Advisors LP grew its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock worth $29,963,000 after acquiring an additional 311,147 shares in the last quarter. Parcion Private Wealth LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth $14,189,000. DAVENPORT & Co LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth $14,868,000. Finally, Quadrature Capital Ltd bought a new position in SPDR S&P Regional Banking ETF during the third quarter valued at about $13,938,000.

SPDR S&P Regional Banking ETF Stock Performance

KRE opened at $61.42 on Friday. The firm has a market cap of $3.28 billion, a P/E ratio of 8.36 and a beta of 1.56. The firm has a 50-day moving average of $62.35 and a 200 day moving average of $60.43. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25.

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.