Parkside Investments LLC decreased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,541 shares of the exchange traded fund’s stock after selling 8,545 shares during the quarter. Parkside Investments LLC owned 0.23% of SPDR S&P Regional Banking ETF worth $7,815,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Robinson Value Management Ltd. lifted its position in shares of SPDR S&P Regional Banking ETF by 1.2% in the third quarter. Robinson Value Management Ltd. now owns 19,871 shares of the exchange traded fund’s stock worth $1,380,000 after purchasing an additional 239 shares in the last quarter. Sweeney & Michel LLC raised its holdings in SPDR S&P Regional Banking ETF by 1.3% during the third quarter. Sweeney & Michel LLC now owns 31,231 shares of the exchange traded fund’s stock valued at $2,169,000 after buying an additional 408 shares in the last quarter. HBW Advisory Services LLC acquired a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $313,000. Sanders Morris Harris LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth $377,000. Finally, Courier Capital LLC boosted its holdings in SPDR S&P Regional Banking ETF by 100.0% during the third quarter. Courier Capital LLC now owns 6,960 shares of the exchange traded fund’s stock valued at $483,000 after acquiring an additional 3,480 shares during the period.
SPDR S&P Regional Banking ETF Stock Up 2.0%
KRE opened at $70.62 on Wednesday. The firm has a market capitalization of $3.46 billion, a P/E ratio of 12.39 and a beta of 0.87. SPDR S&P Regional Banking ETF has a 12-month low of $58.20 and a 12-month high of $78.35. The stock’s 50 day moving average price is $72.66 and its two-hundred day moving average price is $72.19.
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.
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