Venture Visionary Partners LLC Has $6.05 Million Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Venture Visionary Partners LLC lessened its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 54.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 106,921 shares of the exchange traded fund’s stock after selling 130,311 shares during the quarter. Venture Visionary Partners LLC owned approximately 0.20% of SPDR S&P Regional Banking ETF worth $6,052,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in SPDR S&P Regional Banking ETF by 136.5% during the first quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock worth $145,519,000 after buying an additional 1,670,478 shares during the last quarter. Baymount Management LP bought a new position in shares of SPDR S&P Regional Banking ETF in the 1st quarter worth about $51,185,000. Mirae Asset Securities USA Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at about $36,825,000. DRW Securities LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 117.6% in the 2nd quarter. DRW Securities LLC now owns 112,000 shares of the exchange traded fund’s stock valued at $5,499,000 after purchasing an additional 748,248 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of SPDR S&P Regional Banking ETF by 1,414.4% during the 2nd quarter. SG Americas Securities LLC now owns 700,479 shares of the exchange traded fund’s stock valued at $34,394,000 after purchasing an additional 654,225 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 2.9 %

NYSEARCA KRE traded down $1.75 during trading hours on Monday, hitting $57.89. 19,219,723 shares of the company’s stock were exchanged, compared to its average volume of 14,234,545. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The stock has a 50-day simple moving average of $56.20 and a 200 day simple moving average of $52.17. SPDR S&P Regional Banking ETF has a 1-year low of $37.66 and a 1-year high of $60.61.

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.