Viawealth LLC Reduces Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Viawealth LLC decreased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,518 shares of the exchange traded fund’s stock after selling 370 shares during the quarter. Viawealth LLC’s holdings in SPDR S&P Regional Banking ETF were worth $273,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KRE. Thrivent Financial for Lutherans increased its stake in SPDR S&P Regional Banking ETF by 98.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock worth $819,000 after buying an additional 7,172 shares during the period. Prospera Financial Services Inc increased its position in shares of SPDR S&P Regional Banking ETF by 12.2% during the third quarter. Prospera Financial Services Inc now owns 8,898 shares of the exchange traded fund’s stock worth $504,000 after acquiring an additional 969 shares during the period. Etfidea LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 25.8% during the third quarter. Etfidea LLC now owns 9,029 shares of the exchange traded fund’s stock valued at $511,000 after acquiring an additional 1,851 shares in the last quarter. DE Burlo Group Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $11,377,000. Finally, Cerity Partners LLC grew its stake in SPDR S&P Regional Banking ETF by 1.2% in the third quarter. Cerity Partners LLC now owns 82,455 shares of the exchange traded fund’s stock worth $4,667,000 after purchasing an additional 942 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 1.2 %

Shares of NYSEARCA KRE opened at $57.68 on Thursday. SPDR S&P Regional Banking ETF has a twelve month low of $45.46 and a twelve month high of $70.25. The firm has a market cap of $3.69 billion, a PE ratio of 12.46 and a beta of 1.09. The business has a fifty day simple moving average of $61.44 and a two-hundred day simple moving average of $60.92.

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.