Proffitt & Goodson Inc. cut its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,137 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. Proffitt & Goodson Inc. owned 0.07% of SPDR S&P Regional Banking ETF worth $2,181,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in KRE. Lowe Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth approximately $25,000. Valley Wealth Managers Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 455 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth approximately $32,000. Larson Financial Group LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter worth approximately $57,000. Finally, JFS Wealth Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 295.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 706 shares during the period.
SPDR S&P Regional Banking ETF Stock Up 1.3 %
Shares of KRE stock opened at $62.07 on Friday. The firm has a market capitalization of $4.74 billion, a PE ratio of 13.97 and a beta of 1.11. The company has a 50 day moving average price of $62.27 and a 200-day moving average price of $60.67. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25.
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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