SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Cetera Advisors LLC

Cetera Advisors LLC trimmed its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 254,129 shares of the exchange traded fund’s stock after selling 10,615 shares during the period. Cetera Advisors LLC owned approximately 0.48% of SPDR S&P Regional Banking ETF worth $12,778,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP raised its stake in shares of SPDR S&P Regional Banking ETF by 219.5% during the 4th quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 900 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in SPDR S&P Regional Banking ETF by 5.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 456 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of SPDR S&P Regional Banking ETF by 3,228.6% in the fourth quarter. International Assets Investment Management LLC now owns 272,144 shares of the exchange traded fund’s stock valued at $14,269,000 after buying an additional 263,968 shares in the last quarter. Symmetry Investments LP acquired a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth approximately $13,658,000. Finally, Cibc World Markets Corp purchased a new position in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $5,662,000.

SPDR S&P Regional Banking ETF Trading Down 3.3 %

KRE stock traded down $1.84 during trading on Friday, reaching $53.83. 34,176,191 shares of the stock were exchanged, compared to its average volume of 14,843,691. SPDR S&P Regional Banking ETF has a 1 year low of $37.66 and a 1 year high of $59.59. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The business has a 50 day moving average price of $50.62 and a 200-day moving average price of $49.50.

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.