Clear Creek Financial Management LLC Lowers Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Clear Creek Financial Management LLC decreased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,041 shares of the exchange traded fund’s stock after selling 168 shares during the quarter. Clear Creek Financial Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Holocene Advisors LP boosted its stake in shares of SPDR S&P Regional Banking ETF by 142.6% in the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after purchasing an additional 311,147 shares during the period. EP Wealth Advisors LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after purchasing an additional 427,473 shares during the period. SMI Advisory Services LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $20,777,000. Goodman Financial Corp boosted its stake in shares of SPDR S&P Regional Banking ETF by 0.6% in the third quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after purchasing an additional 2,159 shares during the period. Finally, Parcion Private Wealth LLC acquired a new stake in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $14,189,000.

SPDR S&P Regional Banking ETF Stock Down 0.2 %

Shares of NYSEARCA:KRE opened at $64.16 on Monday. The firm’s 50 day moving average price is $63.19 and its 200 day moving average price is $59.72. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25.

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.