SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Bank of Nova Scotia

Bank of Nova Scotia cut its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KREFree Report) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,487 shares of the exchange traded fund’s stock after selling 1,080 shares during the period. Bank of Nova Scotia’s holdings in SPDR S&P Regional Banking ETF were worth $1,284,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in KRE. Founders Financial Alliance LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at about $52,000. Vestor Capital LLC purchased a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $54,000. Allworth Financial LP lifted its stake in SPDR S&P Regional Banking ETF by 219.5% during the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 900 shares in the last quarter. Western Pacific Wealth Management LP boosted its position in shares of SPDR S&P Regional Banking ETF by 105.4% during the fourth quarter. Western Pacific Wealth Management LP now owns 1,849 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 949 shares during the period. Finally, Naples Money Management LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth $104,000.

SPDR S&P Regional Banking ETF Trading Down 0.3 %

KRE stock opened at $47.30 on Friday. The business’s fifty day moving average price is $48.65 and its 200 day moving average price is $49.05. SPDR S&P Regional Banking ETF has a 12-month low of $37.66 and a 12-month high of $54.47. The company has a market capitalization of $2.53 billion, a PE ratio of 8.36 and a beta of 1.56.

About SPDR S&P Regional Banking ETF

(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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