Creative Planning reduced its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Get Rating) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,047 shares of the exchange traded fund’s stock after selling 744 shares during the period. Creative Planning’s holdings in SPDR S&P Regional Banking ETF were worth $1,178,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the business. Ameritas Advisory Services LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 18.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 11,451 shares of the exchange traded fund’s stock valued at $673,000 after acquiring an additional 1,811 shares in the last quarter. Capstone Investment Advisors LLC boosted its position in SPDR S&P Regional Banking ETF by 206.2% in the fourth quarter. Capstone Investment Advisors LLC now owns 187,499 shares of the exchange traded fund’s stock valued at $11,014,000 after buying an additional 126,271 shares in the last quarter. New Harbor Financial Group LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $19,032,000. HRT Financial LP acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $1,116,000. Finally, Sandy Spring Bank boosted its position in SPDR S&P Regional Banking ETF by 0.7% in the fourth quarter. Sandy Spring Bank now owns 38,065 shares of the exchange traded fund’s stock valued at $2,236,000 after buying an additional 258 shares in the last quarter.
SPDR S&P Regional Banking ETF Stock Down 2.6 %
NYSEARCA:KRE opened at $41.10 on Tuesday. The firm has a market cap of $2.69 billion, a PE ratio of 10.19 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 12 month low of $34.52 and a 12 month high of $68.83. The company’s 50-day moving average price is $40.87 and its two-hundred day moving average price is $52.42.
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.
Recommended Stories
- Get a free copy of the StockNews.com research report on SPDR S&P Regional Banking ETF (KRE)
- Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
- Sleeper AI-Play MongoDB Could Triple In Size
- SunCar Technology Stock Overheats…Will it Rise Again?
- OPEC Meeting: Is Saudi Arabia Trying to Squeeze the Oil Market?
- Buffett-Backed BYD Caught In The Chinese Government’s Stimulus
Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Get Rating).
Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.
