Carnegie Investment Counsel Has $5.80 Million Stock Holdings in SPDR S&P Regional Banking ETF $KRE

Carnegie Investment Counsel decreased its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 17.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 97,735 shares of the exchange traded fund’s stock after selling 20,136 shares during the period. Carnegie Investment Counsel’s holdings in SPDR S&P Regional Banking ETF were worth $5,804,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 398.7% in the first quarter. Goldman Sachs Group Inc. now owns 17,812,900 shares of the exchange traded fund’s stock valued at $1,012,663,000 after acquiring an additional 14,240,865 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in SPDR S&P Regional Banking ETF by 27.1% in the first quarter. JPMorgan Chase & Co. now owns 4,706,674 shares of the exchange traded fund’s stock valued at $267,574,000 after acquiring an additional 1,004,724 shares during the last quarter. Nan Fung Trinity HK Ltd. bought a new position in SPDR S&P Regional Banking ETF in the first quarter valued at about $30,233,000. First Financial Bankshares Inc boosted its holdings in SPDR S&P Regional Banking ETF by 0.5% in the first quarter. First Financial Bankshares Inc now owns 388,945 shares of the exchange traded fund’s stock valued at $22,112,000 after acquiring an additional 1,944 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 4.9% in the first quarter. Raymond James Financial Inc. now owns 378,181 shares of the exchange traded fund’s stock valued at $21,500,000 after acquiring an additional 17,633 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Up 1.7%

Shares of KRE opened at $61.22 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $70.25. The stock has a market cap of $4.09 billion, a P/E ratio of 12.39 and a beta of 1.10. The stock’s 50-day moving average price is $63.47 and its two-hundred day moving average price is $59.86.

SPDR S&P Regional Banking ETF Company 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.