SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lessened its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 50.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,897 shares of the exchange traded fund’s stock after selling 146,187 shares during the quarter. Cetera Investment Advisers owned 0.27% of SPDR S&P Regional Banking ETF worth $8,624,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $26,000. Valley Wealth Managers Inc. grew its stake in SPDR S&P Regional Banking ETF by 22,750.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 455 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $32,000. Lee Danner & Bass Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $54,000. Finally, JFS Wealth Advisors LLC grew its stake in SPDR S&P Regional Banking ETF by 295.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 706 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.5%

Shares of NYSEARCA KRE opened at $56.58 on Monday. The firm has a market cap of $3.23 billion, a PE ratio of 12.43 and a beta of 0.89. The business has a 50 day moving average price of $54.47 and a two-hundred day moving average price of $60.13. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.76 and a fifty-two week 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.