Future Financial Wealth Managment LLC Sells 500 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Future Financial Wealth Managment LLC decreased its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 48.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 531 shares of the exchange traded fund’s stock after selling 500 shares during the period. Future Financial Wealth Managment LLC’s holdings in SPDR S&P Regional Banking ETF were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $25,000. Larson Financial Group LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $57,000. Bristlecone Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth $68,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR S&P Regional Banking ETF by 106.4% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,105 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 1,085 shares during the last quarter. Finally, Friedenthal Financial purchased a new position in SPDR S&P Regional Banking ETF during the third quarter valued at $120,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of SPDR S&P Regional Banking ETF stock traded up $0.28 during trading on Monday, reaching $58.59. 7,411,304 shares of the stock traded hands, compared to its average volume of 11,313,531. The business has a fifty day simple moving average of $63.81 and a two-hundred day simple moving average of $58.41. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The company has a market capitalization of $3.13 billion, a price-to-earnings 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.