Farmers Trust Co. Decreases Holdings in SPDR S&P Regional Banking ETF $KRE

Farmers Trust Co. trimmed its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,100 shares of the exchange traded fund’s stock after selling 283 shares during the period. Farmers Trust Co. owned about 0.10% of SPDR S&P Regional Banking ETF worth $3,154,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in KRE. SouthState Corp purchased a new position in SPDR S&P Regional Banking ETF in the first quarter valued at about $27,000. Heck Capital Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $32,000. Vermillion Wealth Management Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $32,000. Lowe Wealth Advisors LLC lifted its stake in SPDR S&P Regional Banking ETF by 80.1% in the first quarter. Lowe Wealth Advisors LLC now owns 744 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 331 shares during the last quarter. Finally, Oakworth Capital Inc. bought a new position in SPDR S&P Regional Banking ETF during the first quarter valued at $44,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $64.14 on Tuesday. The company has a market capitalization of $3.54 billion, a P/E ratio of 12.39 and a beta of 1.10. The business has a fifty day simple moving average of $63.03 and a two-hundred day simple moving average of $58.80. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $70.25.

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.