Flputnam Investment Management Co. Sells 2,375 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Flputnam Investment Management Co. reduced its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,026 shares of the exchange traded fund’s stock after selling 2,375 shares during the quarter. Flputnam Investment Management Co. owned 0.13% of SPDR S&P Regional Banking ETF worth $4,226,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Holocene Advisors LP lifted its position in SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after acquiring an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC lifted its position in SPDR S&P Regional Banking ETF by 1,910.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after acquiring an additional 427,473 shares in the last quarter. Goodman Financial Corp lifted its position in SPDR S&P Regional Banking ETF by 0.6% in the 3rd quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after acquiring an additional 2,159 shares in the last quarter. Ocean Park Asset Management LLC increased its stake in SPDR S&P Regional Banking ETF by 33.0% in the 4th quarter. Ocean Park Asset Management LLC now owns 276,744 shares of the exchange traded fund’s stock valued at $16,702,000 after buying an additional 68,641 shares during the last quarter. Finally, Parcion Private Wealth LLC increased its stake in SPDR S&P Regional Banking ETF by 6.4% in the 4th quarter. Parcion Private Wealth LLC now owns 266,690 shares of the exchange traded fund’s stock valued at $16,095,000 after buying an additional 15,994 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.3 %

Shares of KRE stock opened at $62.07 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The firm’s fifty day moving average price is $62.29 and its two-hundred day moving average price is $60.79. The firm has a market capitalization of $4.74 billion, a P/E ratio of 13.97 and a beta of 1.11.

SPDR S&P Regional Banking ETF 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.