Wealthcare Advisory Partners LLC Lowers Holdings in SPDR S&P Regional Banking ETF $KRE

Wealthcare Advisory Partners LLC trimmed its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,127 shares of the exchange traded fund’s stock after selling 434 shares during the period. Wealthcare Advisory Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $542,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KRE. GAMMA Investing LLC purchased a new position in SPDR S&P Regional Banking ETF in the 1st quarter valued at $821,000. Park Avenue Securities LLC purchased a new position in SPDR S&P Regional Banking ETF in the 1st quarter valued at $365,000. Focus Financial Network Inc. grew its position in SPDR S&P Regional Banking ETF by 127.7% in the 1st quarter. Focus Financial Network Inc. now owns 32,514 shares of the exchange traded fund’s stock valued at $1,848,000 after buying an additional 18,236 shares during the last quarter. Arvest Investments Inc. grew its position in SPDR S&P Regional Banking ETF by 3.0% in the 1st quarter. Arvest Investments Inc. now owns 37,072 shares of the exchange traded fund’s stock valued at $2,108,000 after buying an additional 1,088 shares during the last quarter. Finally, Simon Quick Advisors LLC grew its position in SPDR S&P Regional Banking ETF by 15.0% in the 1st quarter. Simon Quick Advisors LLC now owns 9,776 shares of the exchange traded fund’s stock valued at $556,000 after buying an additional 1,276 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $62.95 on Friday. The firm’s fifty day moving average price is $63.40 and its 200 day moving average price is $59.39. SPDR S&P Regional Banking ETF has a 1-year low of $47.06 and a 1-year high of $70.25. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 12.39 and a beta of 1.10.

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.