RWA Wealth Partners LLC decreased its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 19.6% during the 4th quarter, HoldingsChannel reports. The fund owned 4,175 shares of the exchange traded fund’s stock after selling 1,017 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $219,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Simplex Trading LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $33,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $53,000. Allworth Financial LP raised its position in SPDR S&P Regional Banking ETF by 219.5% during the 4th quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 900 shares during the last quarter. Sheets Smith Wealth Management bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth $68,000. Finally, Naples Money Management LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $104,000.
SPDR S&P Regional Banking ETF Stock Down 0.6 %
Shares of NYSEARCA:KRE opened at $48.19 on Friday. The firm has a market cap of $2.45 billion, a P/E ratio of 8.27 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12-month low of $34.52 and a 12-month high of $54.47. The business has a fifty day simple moving average of $48.24 and a 200 day simple moving average of $47.43.
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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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 – Free Report).
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