Insight Wealth Strategies LLC Decreases Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Insight Wealth Strategies LLC lowered its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 98.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,907 shares of the exchange traded fund’s stock after selling 243,119 shares during the period. Insight Wealth Strategies LLC’s holdings in SPDR S&P Regional Banking ETF were worth $271,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in SPDR S&P Regional Banking ETF by 43.1% during the 3rd quarter. GAMMA Investing LLC now owns 1,395 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 420 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of SPDR S&P Regional Banking ETF by 17.8% during the third quarter. Farther Finance Advisors LLC now owns 10,916 shares of the exchange traded fund’s stock worth $758,000 after acquiring an additional 1,651 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 3,277.9% during the third quarter. CoreCap Advisors LLC now owns 5,202 shares of the exchange traded fund’s stock valued at $361,000 after acquiring an additional 5,048 shares during the period. Venture Visionary Partners LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 4.7% during the third quarter. Venture Visionary Partners LLC now owns 136,479 shares of the exchange traded fund’s stock valued at $9,477,000 after acquiring an additional 6,108 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 33.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,475 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 1,855 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.8%

KRE stock traded down $0.54 during midday trading on Friday, reaching $69.05. The stock had a trading volume of 4,711,156 shares, compared to its average volume of 15,901,451. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 12.39 and a beta of 0.87. SPDR S&P Regional Banking ETF has a twelve month low of $57.55 and a twelve month high of $78.35. The business has a fifty day simple moving average of $73.83 and a two-hundred day simple moving average of $71.91.

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.