One Capital Management LLC Decreases Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

One Capital Management LLC lessened its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.1% in the 4th quarter, HoldingsChannel reports. The firm owned 200,285 shares of the exchange traded fund’s stock after selling 8,491 shares during the quarter. One Capital Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $12,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Gries Financial LLC acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter valued at $641,000. Truist Financial Corp grew its position in SPDR S&P Regional Banking ETF by 2.0% during the fourth quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock valued at $11,343,000 after buying an additional 3,762 shares during the period. Empowered Funds LLC acquired a new stake in SPDR S&P Regional Banking ETF during the fourth quarter valued at $1,550,000. Wealthcare Advisory Partners LLC grew its position in SPDR S&P Regional Banking ETF by 25.4% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock valued at $670,000 after buying an additional 2,251 shares during the period. Finally, CENTRAL TRUST Co grew its position in SPDR S&P Regional Banking ETF by 28.6% during the fourth quarter. CENTRAL TRUST Co now owns 1,923 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 428 shares during the period.

SPDR S&P Regional Banking ETF Stock Down 0.6 %

Shares of NYSEARCA KRE opened at $58.71 on Thursday. The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The company’s 50-day simple moving average is $62.26 and its 200-day simple moving average is $60.93.

SPDR S&P Regional Banking ETF 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.