SPDR S&P Regional Banking ETF $KRE Shares Sold by One Capital Management LLC

One Capital Management LLC cut its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 85.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,882 shares of the exchange traded fund’s stock after selling 173,419 shares during the quarter. One Capital Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,872,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in KRE. Cresset Asset Management LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth $343,000. Cerity Partners LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Cerity Partners LLC now owns 74,312 shares of the exchange traded fund’s stock worth $4,413,000 after purchasing an additional 505 shares during the period. Engineers Gate Manager LP acquired a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth $2,058,000. HRT Financial LP acquired a new position in shares of SPDR S&P Regional Banking ETF during the 2nd quarter worth $2,900,000. Finally, Man Group plc grew its stake in shares of SPDR S&P Regional Banking ETF by 607.1% during the 2nd quarter. Man Group plc now owns 48,681 shares of the exchange traded fund’s stock worth $2,891,000 after purchasing an additional 58,281 shares during the period.

SPDR S&P Regional Banking ETF Stock Up 1.8%

NYSEARCA:KRE opened at $69.54 on Wednesday. SPDR S&P Regional Banking ETF has a fifty-two week low of $55.55 and a fifty-two week high of $74.08. The stock has a market cap of $4.18 billion, a PE ratio of 12.39 and a beta of 0.86. The firm’s fifty day simple moving average is $68.10 and its 200-day simple moving average is $67.14.

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.