SPDR S&P Regional Banking ETF $KRE Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 38.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,543 shares of the exchange traded fund’s stock after selling 19,099 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,979,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Aventura Private Wealth LLC acquired a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at $26,000. Realta Investment Advisors acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $27,000. Grey Fox Wealth Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $35,000. Accent Capital Management LLC raised its holdings in SPDR S&P Regional Banking ETF by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 300 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. acquired a new position in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $39,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock opened at $66.75 on Wednesday. The firm has a market cap of $3.99 billion, a P/E ratio of 12.39 and a beta of 0.89. SPDR S&P Regional Banking ETF has a 1-year low of $47.22 and a 1-year high of $74.08. The firm’s 50-day simple moving average is $67.54 and its 200-day simple moving average is $65.19.

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.