Members Advisory Group LLC Decreases Stake in SPDR S&P Regional Banking ETF $KRE

Members Advisory Group LLC reduced its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,977 shares of the exchange traded fund’s stock after selling 2,054 shares during the period. SPDR S&P Regional Banking ETF accounts for about 2.2% of Members Advisory Group LLC’s investment portfolio, making the stock its 15th biggest position. Members Advisory Group LLC owned about 0.18% of SPDR S&P Regional Banking ETF worth $5,939,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of 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 buying an additional 9,268 shares in the last quarter. Farther Finance Advisors LLC lifted its stake 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 last quarter. Cetera Investment Advisers lifted its stake 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 last quarter. Private Advisory Group LLC raised its holdings in shares of 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 buying an additional 69,826 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of 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 buying an additional 721 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE opened at $59.07 on Monday. The business’s 50 day moving average price is $63.56 and its 200-day moving average price is $59.61. SPDR S&P Regional Banking ETF has a fifty-two week low of $47.06 and a fifty-two week high of $70.25. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10.

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.