Sowell Financial Services LLC Sells 312 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Sowell Financial Services LLC reduced its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,670 shares of the exchange traded fund’s stock after selling 312 shares during the quarter. Sowell Financial Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $3,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Holocene Advisors LP grew its stake in shares of SPDR S&P Regional Banking ETF by 142.6% during the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after buying an additional 311,147 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock valued at $25,461,000 after buying an additional 427,473 shares during the last quarter. Goodman Financial Corp grew its stake in shares of SPDR S&P Regional Banking ETF by 0.6% during the third quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after buying an additional 2,159 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at about $21,759,000. Finally, Terril Brothers Inc. boosted its holdings in shares of SPDR S&P Regional Banking ETF by 82.5% during the fourth quarter. Terril Brothers Inc. now owns 324,660 shares of the exchange traded fund’s stock worth $19,593,000 after purchasing an additional 146,760 shares during the period.

SPDR S&P Regional Banking ETF Trading Down 0.1 %

SPDR S&P Regional Banking ETF stock opened at $57.69 on Monday. The firm has a 50-day moving average of $62.09 and a 200-day moving average of $60.99. The firm has a market cap of $4.40 billion, a P/E ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a 1-year low of $45.46 and a 1-year high of $70.25.

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.