Goodman Financial Corp Sells 143,329 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Goodman Financial Corp cut its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 38.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 228,042 shares of the exchange traded fund’s stock after selling 143,329 shares during the period. SPDR S&P Regional Banking ETF comprises approximately 2.9% of Goodman Financial Corp’s portfolio, making the stock its 17th largest position. Goodman Financial Corp owned about 0.43% of SPDR S&P Regional Banking ETF worth $13,762,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Toledo NA OH raised its stake in shares of SPDR S&P Regional Banking ETF by 4.7% during the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 193 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in SPDR S&P Regional Banking ETF by 25.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 255 shares during the period. Principal Securities Inc. lifted its stake in SPDR S&P Regional Banking ETF by 5.0% in the fourth quarter. Principal Securities Inc. now owns 6,035 shares of the exchange traded fund’s stock worth $364,000 after purchasing an additional 285 shares during the last quarter. Joseph P. Lucia & Associates LLC lifted its stake in SPDR S&P Regional Banking ETF by 2.0% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock worth $1,104,000 after purchasing an additional 358 shares during the last quarter. Finally, Cascade Financial Partners LLC boosted its position in SPDR S&P Regional Banking ETF by 7.3% during the fourth quarter. Cascade Financial Partners LLC now owns 5,878 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 400 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.7 %

Shares of NYSEARCA:KRE opened at $57.29 on Friday. The stock has a market capitalization of $3.66 billion, a P/E ratio of 12.46 and a beta of 1.09. The stock’s 50-day moving average price is $61.39 and its 200-day moving average price is $60.90. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25.

SPDR S&P Regional Banking ETF 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.