Arvest Bank Trust Division Reduces Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Arvest Bank Trust Division reduced its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 95,713 shares of the exchange traded fund’s stock after selling 7,384 shares during the period. Arvest Bank Trust Division’s holdings in SPDR S&P Regional Banking ETF were worth $5,776,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KRE. Gries Financial LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $641,000. Truist Financial Corp boosted its stake in SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock valued at $11,343,000 after acquiring an additional 3,762 shares during the last quarter. Empowered Funds LLC acquired a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $1,550,000. Jones Financial Companies Lllp increased its position in shares of SPDR S&P Regional Banking ETF by 192.2% in the 4th quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock worth $928,000 after purchasing an additional 10,110 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 25.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock valued at $670,000 after purchasing an additional 2,251 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 0.0 %

Shares of KRE opened at $50.96 on Thursday. SPDR S&P Regional Banking ETF has a 52 week low of $45.63 and a 52 week high of $70.25. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 12.74 and a beta of 1.09. The stock has a 50 day moving average of $57.30 and a 200-day moving average of $60.45.

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.