Robinson Value Management Ltd. Decreases Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Robinson Value Management Ltd. decreased its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,391 shares of the exchange traded fund’s stock after selling 2,327 shares during the period. Robinson Value Management Ltd.’s holdings in SPDR S&P Regional Banking ETF were worth $1,351,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Holocene Advisors LP grew 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 period. EP Wealth Advisors LLC grew its position in shares of SPDR S&P Regional Banking ETF by 1,910.8% during the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after acquiring an additional 427,473 shares during the period. Goodman Financial Corp grew its position in shares of SPDR S&P Regional Banking ETF by 0.6% during the 3rd quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after acquiring an additional 2,159 shares during the period. Parcion Private Wealth LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter valued at approximately $14,189,000. Finally, DAVENPORT & Co LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the 4th quarter valued at approximately $14,868,000.

SPDR S&P Regional Banking ETF Trading Down 1.3 %

KRE opened at $64.63 on Friday. The company has a 50 day moving average of $62.81 and a 200 day moving average of $59.97. The company has a market cap of $3.45 billion, a PE ratio of 8.36 and a beta of 1.56. 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.