Integrated Wealth Concepts LLC Has $8.94 Million Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Integrated Wealth Concepts LLC reduced its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 157,868 shares of the exchange traded fund’s stock after selling 970 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.30% of SPDR S&P Regional Banking ETF worth $8,935,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of KRE. Larson Financial Group LLC bought a new position in shares of SPDR S&P Regional Banking ETF during the third quarter worth about $57,000. Future Financial Wealth Managment LLC bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $58,000. Family Firm Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter worth approximately $60,000. Bristlecone Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth approximately $68,000. Finally, Key Financial Inc boosted its stake in shares of SPDR S&P Regional Banking ETF by 1,760.0% in the 2nd quarter. Key Financial Inc now owns 1,860 shares of the exchange traded fund’s stock valued at $91,000 after purchasing an additional 1,760 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $66.50 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 is $61.00 and its 200-day moving average is $55.46. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.