Viawealth LLC Sells 370 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Viawealth LLC lessened its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 7.6% during the 4th quarter, Holdings Channel reports. The fund owned 4,518 shares of the exchange traded fund’s stock after selling 370 shares during the period. Viawealth LLC’s holdings in SPDR S&P Regional Banking ETF were worth $273,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Thrivent Financial for Lutherans raised its holdings in SPDR S&P Regional Banking ETF by 98.4% in the third quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock worth $819,000 after purchasing an additional 7,172 shares in the last quarter. Prospera Financial Services Inc grew its position 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 worth $504,000 after buying an additional 969 shares during the last quarter. Etfidea LLC increased its position in shares of SPDR S&P Regional Banking ETF by 25.8% during the third quarter. Etfidea LLC now owns 9,029 shares of the exchange traded fund’s stock worth $511,000 after purchasing an additional 1,851 shares in the last quarter. DE Burlo Group Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF during the third quarter valued at about $11,377,000. Finally, Cerity Partners LLC increased 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 valued at $4,667,000 after purchasing an additional 942 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.2 %

NYSEARCA:KRE opened at $57.68 on Thursday. The firm has a fifty day simple moving average of $61.44 and a 200-day simple moving average of $60.92. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25. The company has a market capitalization of $3.69 billion, a P/E 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.