SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC cut its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 15.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,484 shares of the exchange traded fund’s stock after selling 446 shares during the period. AE Wealth Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $141,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in KRE. MGO One Seven LLC raised its stake in SPDR S&P Regional Banking ETF by 5.1% during the 4th quarter. MGO One Seven LLC now owns 4,178 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 201 shares in the last quarter. CWM LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 13.9% during the first quarter. CWM LLC now owns 2,044 shares of the exchange traded fund’s stock valued at $116,000 after purchasing an additional 250 shares during the period. Benchmark Investment Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 1.6% during the fourth quarter. Benchmark Investment Advisors LLC now owns 16,143 shares of the exchange traded fund’s stock valued at $974,000 after purchasing an additional 255 shares in the last quarter. Lowe Wealth Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 80.1% during the first quarter. Lowe Wealth Advisors LLC now owns 744 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 331 shares in the last quarter. Finally, 1858 Wealth Management LLC lifted its holdings in SPDR S&P Regional Banking ETF by 2.1% in the first quarter. 1858 Wealth Management LLC now owns 16,788 shares of the exchange traded fund’s stock worth $954,000 after purchasing an additional 344 shares during the period.

SPDR S&P Regional Banking ETF Stock Down 2.1%

Shares of KRE opened at $58.82 on Friday. The firm has a market capitalization of $3.25 billion, a PE ratio of 12.39 and a beta of 1.10. The firm has a 50-day moving average price of $59.81 and a 200 day moving average price of $58.67. SPDR S&P Regional Banking ETF has a 52-week low of $47.06 and a 52-week high of $70.25.

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.