Wealth Forward LLC Has $430,000 Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Wealth Forward LLC lowered its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,117 shares of the exchange traded fund’s stock after selling 800 shares during the quarter. SPDR S&P Regional Banking ETF accounts for about 0.3% of Wealth Forward LLC’s holdings, making the stock its 22nd biggest position. Wealth Forward LLC’s holdings in SPDR S&P Regional Banking ETF were worth $430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of KRE. Holocene Advisors LP raised its holdings in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock worth $29,963,000 after acquiring an additional 311,147 shares during the last quarter. EP Wealth Advisors LLC raised its stake 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 worth $25,461,000 after purchasing an additional 427,473 shares during the last quarter. SMI Advisory Services LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $20,777,000. Goodman Financial Corp grew its holdings in SPDR S&P Regional Banking ETF by 0.6% during the third quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock worth $21,019,000 after buying an additional 2,159 shares in the last quarter. Finally, Parcion Private Wealth LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $14,189,000.

SPDR S&P Regional Banking ETF Price Performance

KRE opened at $64.00 on Tuesday. The firm’s fifty day moving average price is $63.36 and its two-hundred day moving average price is $59.46. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year 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.