Intrepid Financial Planning Group LLC Decreases Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Intrepid Financial Planning Group LLC trimmed its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,991 shares of the exchange traded fund’s stock after selling 594 shares during the period. Intrepid Financial Planning Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 136.5% during the 1st quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock worth $145,519,000 after purchasing an additional 1,670,478 shares in the last quarter. Main Management ETF Advisors LLC increased its position in SPDR S&P Regional Banking ETF by 2.6% during the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock worth $124,653,000 after buying an additional 63,750 shares in the last quarter. Baymount Management LP acquired a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth $51,185,000. Bessemer Group Inc. raised its holdings in shares of SPDR S&P Regional Banking ETF by 7.5% in the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock worth $45,956,000 after acquiring an additional 63,380 shares during the last quarter. Finally, Main Management Fund Advisors LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 11.6% in the first quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock valued at $44,458,000 after acquiring an additional 92,200 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Up 3.1 %

SPDR S&P Regional Banking ETF stock opened at $66.99 on Tuesday. The stock has a 50-day moving average price of $57.81 and a 200 day moving average price of $53.64. SPDR S&P Regional Banking ETF has a 52 week low of $40.76 and a 52 week high of $67.79. The stock has a market cap of $3.58 billion, a PE 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.