First Financial Bankshares Inc Sells 2,284 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

First Financial Bankshares Inc reduced its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 387,001 shares of the exchange traded fund’s stock after selling 2,284 shares during the quarter. First Financial Bankshares Inc’s holdings in SPDR S&P Regional Banking ETF were worth $23,356,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of KRE. Thrivent Financial for Lutherans grew its holdings in SPDR S&P Regional Banking ETF by 98.4% during the third quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock valued at $819,000 after purchasing an additional 7,172 shares during the period. Prospera Financial Services Inc grew its holdings in shares of SPDR S&P Regional Banking ETF by 12.2% in the 3rd quarter. Prospera Financial Services Inc now owns 8,898 shares of the exchange traded fund’s stock valued at $504,000 after buying an additional 969 shares during the period. Etfidea LLC grew its holdings in shares of SPDR S&P Regional Banking ETF by 25.8% in the 3rd quarter. Etfidea LLC now owns 9,029 shares of the exchange traded fund’s stock valued at $511,000 after buying an additional 1,851 shares during the period. DE Burlo Group Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $11,377,000. Finally, Cerity Partners LLC raised its stake in SPDR S&P Regional Banking ETF by 1.2% during the 3rd quarter. Cerity Partners LLC now owns 82,455 shares of the exchange traded fund’s stock worth $4,667,000 after buying an additional 942 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.3 %

KRE stock opened at $56.97 on Wednesday. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25. The business’s 50-day moving average price is $61.49 and its two-hundred day moving average price is $60.94. The firm has a market cap of $3.64 billion, a PE ratio of 12.46 and a beta of 1.09.

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.