Game Plan Financial Advisors LLC Cuts Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Game Plan Financial Advisors LLC reduced its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 73.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,660 shares of the exchange traded fund’s stock after selling 37,889 shares during the period. Game Plan Financial Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $885,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Two Sigma Investments LP increased its holdings in shares of SPDR S&P Regional Banking ETF by 19.0% in the third quarter. Two Sigma Investments LP now owns 3,919,400 shares of the exchange traded fund’s stock worth $248,098,000 after purchasing an additional 626,836 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 9.3% in the third quarter. Bessemer Group Inc. now owns 2,187,419 shares of the exchange traded fund’s stock worth $138,462,000 after buying an additional 185,920 shares in the last quarter. Kapitalo Investimentos Ltda bought a new position in SPDR S&P Regional Banking ETF during the third quarter valued at approximately $104,441,000. Jump Financial LLC bought a new position in SPDR S&P Regional Banking ETF during the third quarter valued at approximately $46,715,000. Finally, Nan Shan Life Insurance Co. Ltd. grew its holdings in SPDR S&P Regional Banking ETF by 3,515.3% during the 3rd quarter. Nan Shan Life Insurance Co. Ltd. now owns 651,544 shares of the exchange traded fund’s stock valued at $41,243,000 after buying an additional 633,522 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $63.37 on Friday. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $74.08. The stock’s 50 day simple moving average is $67.91 and its two-hundred day simple moving average is $65.15.

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.