Stifel Financial Corp Reduces Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Stifel Financial Corp reduced its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KREFree Report) by 15.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,080 shares of the exchange traded fund’s stock after selling 38,972 shares during the quarter. Stifel Financial Corp owned about 0.29% of SPDR S&P Regional Banking ETF worth $11,434,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of SPDR S&P Regional Banking ETF by 219.5% during the 4th quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 900 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 5.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $481,000 after buying an additional 456 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 3,228.6% during the 4th quarter. International Assets Investment Management LLC now owns 272,144 shares of the exchange traded fund’s stock valued at $14,269,000 after buying an additional 263,968 shares in the last quarter. SOL Capital Management CO lifted its stake in shares of SPDR S&P Regional Banking ETF by 15.1% during the 4th quarter. SOL Capital Management CO now owns 19,440 shares of the exchange traded fund’s stock valued at $1,019,000 after buying an additional 2,550 shares in the last quarter. Finally, Merit Financial Group LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 2.3% during the 4th quarter. Merit Financial Group LLC now owns 14,433 shares of the exchange traded fund’s stock valued at $757,000 after buying an additional 319 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 1.8 %

Shares of KRE stock opened at $47.15 on Wednesday. SPDR S&P Regional Banking ETF has a 12 month low of $37.66 and a 12 month high of $54.47. The stock has a market capitalization of $2.52 billion, a P/E ratio of 8.36 and a beta of 1.56. The firm’s 50 day moving average is $48.78 and its 200 day moving average is $49.06.

SPDR S&P Regional Banking ETF Company Profile

(Free Report)

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.

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

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