BlackDiamond Wealth Management LLC Sells 386 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

BlackDiamond Wealth Management LLC lessened its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,744 shares of the exchange traded fund’s stock after selling 386 shares during the quarter. BlackDiamond Wealth Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $226,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Gries Financial LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter worth about $641,000. Truist Financial Corp boosted its holdings in SPDR S&P Regional Banking ETF by 2.0% in the fourth quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock worth $11,343,000 after acquiring an additional 3,762 shares in the last quarter. Empowered Funds LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter worth about $1,550,000. Jones Financial Companies Lllp boosted its holdings in SPDR S&P Regional Banking ETF by 192.2% in the fourth quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock worth $928,000 after acquiring an additional 10,110 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in SPDR S&P Regional Banking ETF by 25.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock worth $670,000 after acquiring an additional 2,251 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.7 %

Shares of NYSEARCA:KRE opened at $57.13 on Tuesday. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 12.46 and a beta of 1.09. The business has a 50-day moving average price of $61.55 and a 200-day moving average price of $60.95.

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.