Stableford Capital II LLC Sells 598 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Stableford Capital II LLC lowered its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,782 shares of the exchange traded fund’s stock after selling 598 shares during the quarter. Stableford Capital II LLC’s holdings in SPDR S&P Regional Banking ETF were worth $530,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KRE. Holocene Advisors LP lifted 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 purchasing an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC lifted 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 shares of SPDR S&P Regional Banking ETF during the third quarter valued at about $20,777,000. Goodman Financial Corp increased its position in shares of 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 acquiring an additional 2,159 shares in the last quarter. Finally, Parcion Private Wealth LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $14,189,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE opened at $64.16 on Friday. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The firm’s 50-day simple moving average is $63.19 and its 200 day simple moving average is $59.68.

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.