SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by GM Advisory Group LLC

GM Advisory Group LLC reduced its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 20.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,755 shares of the exchange traded fund’s stock after selling 1,696 shares during the quarter. GM Advisory Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DE Burlo Group Inc. purchased a new position in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $11,377,000. Etfidea LLC increased its holdings in SPDR S&P Regional Banking ETF by 25.8% in the 3rd quarter. Etfidea LLC now owns 9,029 shares of the exchange traded fund’s stock valued at $511,000 after purchasing an additional 1,851 shares in the last quarter. Prospera Financial Services Inc raised its position in SPDR S&P Regional Banking ETF by 12.2% in the third quarter. Prospera Financial Services Inc now owns 8,898 shares of the exchange traded fund’s stock valued at $504,000 after purchasing an additional 969 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of SPDR S&P Regional Banking ETF by 98.4% in the third quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock valued at $819,000 after buying an additional 7,172 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in SPDR S&P Regional Banking ETF by 258.1% in the third quarter. Oppenheimer & Co. Inc. now owns 99,222 shares of the exchange traded fund’s stock valued at $5,616,000 after acquiring an additional 71,511 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Up 2.5 %

Shares of KRE stock opened at $67.77 on Friday. The firm has a fifty day simple moving average of $59.49 and a 200-day simple moving average of $54.54. The company has a market capitalization of $3.62 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a twelve month low of $43.51 and a twelve month high of $67.96.

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.