SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Graypoint LLC

Graypoint LLC decreased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 109,441 shares of the exchange traded fund’s stock after selling 12,634 shares during the quarter. Graypoint LLC’s holdings in SPDR S&P Regional Banking ETF were worth $6,605,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the fourth quarter worth approximately $25,000. Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at $57,000. Future Financial Wealth Managment LLC bought a new position in SPDR S&P Regional Banking ETF during the third quarter valued at about $58,000. Bristlecone Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF in the third quarter worth about $68,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in SPDR S&P Regional Banking ETF by 106.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,105 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 1,085 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA KRE traded down $1.78 during trading on Friday, hitting $58.31. The company had a trading volume of 18,459,991 shares, compared to its average volume of 12,028,683. The company has a market cap of $3.11 billion, a P/E ratio of 8.36 and a beta of 1.56. The business’s 50-day moving average is $63.82 and its 200 day moving average is $58.17. SPDR S&P Regional Banking ETF has a 52 week low of $45.46 and a 52 week high of $70.25.

SPDR S&P Regional Banking ETF 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.