Harbour Trust & Investment Management Co lessened its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,597 shares of the exchange traded fund’s stock after selling 330 shares during the quarter. Harbour Trust & Investment Management Co’s holdings in SPDR S&P Regional Banking ETF were worth $1,183,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC boosted its stake in 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 buying an additional 427,473 shares in the last quarter. Holocene Advisors LP raised 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 worth $29,963,000 after purchasing an additional 311,147 shares during the last quarter. Parcion Private Wealth LLC bought a new stake in SPDR S&P Regional Banking ETF during the third quarter worth $14,189,000. DAVENPORT & Co LLC purchased a new stake in SPDR S&P Regional Banking ETF in the fourth quarter worth $14,868,000. Finally, Quadrature Capital Ltd bought a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $13,938,000.
SPDR S&P Regional Banking ETF Stock Performance
Shares of NYSEARCA:KRE opened at $64.63 on Monday. The firm has a fifty day moving average of $62.81 and a 200 day moving average of $59.99. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The firm has a market capitalization of $3.45 billion, a PE ratio of 8.36 and a beta of 1.56.
SPDR S&P Regional Banking ETF Company 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.
Further Reading
- Five stocks we like better than SPDR S&P Regional Banking ETF
- Retail Stocks Investing, Explained
- 3 Volatility ETFs to Help You Profit from Market Chaos
- Comparing and Trading High PE Ratio Stocks
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
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.