First Interstate Bank Sells 902 Shares of SPDR S&P Regional Banking ETF $KRE

First Interstate Bank cut its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,135 shares of the exchange traded fund’s stock after selling 902 shares during the quarter. First Interstate Bank owned approximately 0.14% of SPDR S&P Regional Banking ETF worth $4,640,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in SPDR S&P Regional Banking ETF by 10.9% in the first quarter. Envestnet Asset Management Inc. now owns 94,211 shares of the exchange traded fund’s stock worth $5,356,000 after purchasing an additional 9,268 shares during the period. Farther Finance Advisors LLC increased its position in SPDR S&P Regional Banking ETF by 718.8% in the second quarter. Farther Finance Advisors LLC now owns 1,441 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 1,265 shares during the period. Cetera Investment Advisers increased its position in SPDR S&P Regional Banking ETF by 22.9% in the first quarter. Cetera Investment Advisers now owns 175,603 shares of the exchange traded fund’s stock worth $9,983,000 after purchasing an additional 32,706 shares during the period. Private Advisory Group LLC increased its position in SPDR S&P Regional Banking ETF by 68.6% in the first quarter. Private Advisory Group LLC now owns 171,580 shares of the exchange traded fund’s stock worth $9,754,000 after purchasing an additional 69,826 shares during the period. Finally, GAMMA Investing LLC increased its position in SPDR S&P Regional Banking ETF by 283.9% in the second quarter. GAMMA Investing LLC now owns 975 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 721 shares during the period.

SPDR S&P Regional Banking ETF Trading Up 1.6%

Shares of KRE opened at $59.07 on Monday. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $70.25. The stock has a market cap of $3.57 billion, a P/E ratio of 12.39 and a beta of 1.10. The stock’s 50-day moving average price is $63.56 and its two-hundred day moving average price is $59.61.

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.