SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Country Club Bank

Country Club Bank cut its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,193 shares of the exchange traded fund’s stock after selling 981 shares during the quarter. Country Club Bank owned approximately 0.14% of SPDR S&P Regional Banking ETF worth $4,604,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KRE. Sanctuary Advisors LLC purchased a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $2,674,000. Miracle Mile Advisors LLC lifted its stake in SPDR S&P Regional Banking ETF by 46.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 6,282 shares of the exchange traded fund’s stock valued at $356,000 after buying an additional 2,000 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $58,000. Private Advisory Group LLC lifted its stake in SPDR S&P Regional Banking ETF by 2.7% in the 3rd quarter. Private Advisory Group LLC now owns 43,561 shares of the exchange traded fund’s stock valued at $2,466,000 after buying an additional 1,125 shares in the last quarter. Finally, Next Level Private LLC purchased a new position in SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $201,000.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $64.05 on Wednesday. The company’s 50 day simple moving average is $62.98 and its two-hundred day simple moving average is $59.83. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 8.36 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.