CX Institutional Reduces Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

CX Institutional trimmed its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,135 shares of the exchange traded fund’s stock after selling 2,010 shares during the quarter. CX Institutional owned about 0.22% of SPDR S&P Regional Banking ETF worth $7,190,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Main Management ETF Advisors LLC lifted its position in SPDR S&P Regional Banking ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock worth $124,653,000 after buying an additional 63,750 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of SPDR S&P Regional Banking ETF by 195.9% during the 2nd quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock worth $37,046,000 after acquiring an additional 499,500 shares during the period. Holocene Advisors LP boosted its position in shares of SPDR S&P Regional Banking ETF by 142.6% during the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after acquiring an additional 311,147 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 1,910.8% in the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after purchasing an additional 427,473 shares during the period. Finally, SMI Advisory Services LLC acquired a new stake in SPDR S&P Regional Banking ETF during the third quarter worth about $20,777,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock opened at $62.78 on Friday. The company has a market capitalization of $3.35 billion, a PE ratio of 8.36 and a beta of 1.56. The firm’s 50-day moving average is $63.44 and its two-hundred day moving average is $59.13. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25.

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.