CX Institutional Lowers Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

CX Institutional trimmed its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 119,135 shares of the exchange traded fund’s stock after selling 2,010 shares during the period. CX Institutional’s holdings in SPDR S&P Regional Banking ETF were worth $7,190,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in KRE. Toronto Dominion Bank raised its position in SPDR S&P Regional Banking ETF by 195.9% in the second quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock valued at $37,046,000 after purchasing an additional 499,500 shares during the period. EP Wealth Advisors LLC grew 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 valued at $25,461,000 after buying an additional 427,473 shares in the last quarter. SMI Advisory Services LLC acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth about $20,777,000. Holocene Advisors LP grew its position in 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 valued at $29,963,000 after acquiring an additional 311,147 shares in the last quarter. Finally, Parcion Private Wealth LLC purchased a new stake in SPDR S&P Regional Banking ETF during the third quarter worth about $14,189,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE opened at $62.78 on Friday. The stock has a market capitalization of $3.35 billion, a PE ratio of 8.36 and a beta of 1.56. The company’s 50-day simple moving average is $63.44 and its 200-day simple moving average is $59.13. 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 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.