SOA Wealth Advisors LLC. lowered its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 47.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,106 shares of the exchange traded fund’s stock after selling 1,930 shares during the period. SOA Wealth Advisors LLC.’s holdings in SPDR S&P Regional Banking ETF were worth $127,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Trust Co. of Toledo NA OH increased its holdings in SPDR S&P Regional Banking ETF by 4.7% in the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 193 shares during the period. Armstrong Advisory Group Inc. increased its stake in shares of SPDR S&P Regional Banking ETF by 25.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares during the period. SPC Financial Inc. raised its position in shares of SPDR S&P Regional Banking ETF by 2.5% during the third quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $708,000 after acquiring an additional 300 shares during the last quarter. Robinson Value Management Ltd. lifted its stake in shares of SPDR S&P Regional Banking ETF by 1.3% in the third quarter. Robinson Value Management Ltd. now owns 24,718 shares of the exchange traded fund’s stock worth $1,399,000 after acquiring an additional 323 shares during the period. Finally, Joseph P. Lucia & Associates LLC boosted its holdings in SPDR S&P Regional Banking ETF by 2.0% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 18,300 shares of the exchange traded fund’s stock valued at $1,104,000 after acquiring an additional 358 shares during the last quarter.
SPDR S&P Regional Banking ETF Stock Performance
SPDR S&P Regional Banking ETF stock opened at $64.63 on Friday. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The firm has a 50 day moving average price of $62.81 and a two-hundred day moving average price of $59.96.
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.
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