Leuthold Group LLC reduced its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,473 shares of the exchange traded fund’s stock after selling 2,675 shares during the quarter. Leuthold Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $994,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Trust Co. of Toledo NA OH grew its holdings in shares of SPDR S&P Regional Banking ETF by 4.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 193 shares in the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after buying an additional 255 shares during the last quarter. Principal Securities Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 285 shares during the last quarter. Joseph P. Lucia & Associates LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock worth $1,104,000 after buying an additional 358 shares during the last quarter. Finally, Lowe Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth $25,000.
SPDR S&P Regional Banking ETF Stock Down 2.6 %
Shares of KRE stock opened at $61.42 on Friday. SPDR S&P Regional Banking ETF has a twelve month low of $45.46 and a twelve month high of $70.25. The company has a market cap of $3.28 billion, a P/E ratio of 8.36 and a beta of 1.56. The business has a fifty day simple moving average of $62.35 and a 200 day simple moving average of $60.49.
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.
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