West Paces Advisors Inc. Has $77,000 Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

West Paces Advisors Inc. lessened its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 64.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,472 shares of the exchange traded fund’s stock after selling 2,655 shares during the period. West Paces Advisors Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $77,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC increased its stake in shares of SPDR S&P Regional Banking ETF by 1,772.5% in the second quarter. Barclays PLC now owns 2,503,449 shares of the exchange traded fund’s stock valued at $102,216,000 after buying an additional 2,653,130 shares during the period. Sculptor Capital LP acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $84,199,000. Alaska Permanent Fund Corp increased its stake in shares of SPDR S&P Regional Banking ETF by 86.6% in the third quarter. Alaska Permanent Fund Corp now owns 1,548,840 shares of the exchange traded fund’s stock valued at $64,695,000 after buying an additional 718,735 shares during the period. Sessa Capital IM L.P. acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $18,290,000. Finally, Myriad Asset Management US LP acquired a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at about $21,661,000.

SPDR S&P Regional Banking ETF Trading Up 0.5 %

Shares of KRE stock opened at $46.00 on Wednesday. SPDR S&P Regional Banking ETF has a 1-year low of $34.52 and a 1-year high of $54.47. The stock has a 50-day moving average of $48.26 and a 200-day moving average of $47.18. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 8.27 and a beta of 1.56.

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.