Intrepid Financial Planning Group LLC decreased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 2.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,991 shares of the exchange traded fund’s stock after selling 594 shares during the quarter. Intrepid Financial Planning Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,245,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Silver Lake Advisory LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter worth about $229,000. One Capital Management LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 9.8% in the second quarter. One Capital Management LLC now owns 190,334 shares of the exchange traded fund’s stock worth $9,345,000 after acquiring an additional 17,031 shares during the last quarter. Private Advisor Group LLC grew its holdings in SPDR S&P Regional Banking ETF by 10.1% in the second quarter. Private Advisor Group LLC now owns 16,528 shares of the exchange traded fund’s stock valued at $812,000 after purchasing an additional 1,520 shares during the period. Bessemer Group Inc. increased its position in SPDR S&P Regional Banking ETF by 7.5% during the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after purchasing an additional 63,380 shares during the last quarter. Finally, Savant Capital LLC raised its stake in SPDR S&P Regional Banking ETF by 10.0% during the second quarter. Savant Capital LLC now owns 10,992 shares of the exchange traded fund’s stock worth $540,000 after purchasing an additional 1,000 shares during the period.
SPDR S&P Regional Banking ETF Stock Up 3.1 %
Shares of KRE opened at $66.99 on Tuesday. SPDR S&P Regional Banking ETF has a fifty-two week low of $40.76 and a fifty-two week high of $67.79. The company’s fifty day moving average is $57.81 and its two-hundred day moving average is $53.64. The firm has a market cap of $3.58 billion, a PE 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.
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