SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by KMG Fiduciary Partners LLC


Share on StockTwits

KMG Fiduciary Partners LLC reduced its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 11.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,110 shares of the exchange traded fund’s stock after selling 1,185 shares during the period. KMG Fiduciary Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $477,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Global Trust Asset Management LLC bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $469,000. Pacifica Partners Inc. bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $26,000. Burns J W & Co. Inc. NY bought a new position in SPDR S&P Regional Banking ETF during the 4th quarter worth $239,000. Webster Bank N. A. bought a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth $42,000. Finally, Kathmere Capital Management LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth $203,000.

NYSEARCA:KRE opened at $58.38 on Thursday. SPDR S&P Regional Banking ETF has a 1 year low of $27.26 and a 1 year high of $59.25. The business has a fifty day moving average of $51.89 and a 200-day moving average of $42.53.

About SPDR S&P Regional Banking ETF

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.

Further Reading: Limitations to arbitrage trading

Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.