Mutual Advisors LLC Sells 2,264 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Mutual Advisors LLC lowered its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,853 shares of the exchange traded fund’s stock after selling 2,264 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of KRE. Barclays PLC increased its stake in shares of SPDR S&P Regional Banking ETF by 1,772.5% during the second quarter. Barclays PLC now owns 2,503,449 shares of the exchange traded fund’s stock valued at $102,216,000 after purchasing an additional 2,653,130 shares in the last quarter. Sculptor Capital LP bought a new position in SPDR S&P Regional Banking ETF during the 1st quarter valued at approximately $84,199,000. Ergoteles LLC bought a new position in SPDR S&P Regional Banking ETF during the 2nd quarter valued at approximately $45,752,000. Alaska Permanent Fund Corp raised its stake in SPDR S&P Regional Banking ETF by 86.6% during the third quarter. Alaska Permanent Fund Corp now owns 1,548,840 shares of the exchange traded fund’s stock valued at $64,695,000 after buying an additional 718,735 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in SPDR S&P Regional Banking ETF by 85.8% in the third quarter. National Bank of Canada FI now owns 1,522,647 shares of the exchange traded fund’s stock worth $62,011,000 after acquiring an additional 703,322 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of NYSEARCA:KRE opened at $50.02 on Thursday. The business has a fifty day moving average price of $48.93 and a 200-day moving average price of $46.57. The company has a market capitalization of $3.70 billion, a PE ratio of 10.19 and a beta of 1.10. SPDR S&P Regional Banking ETF has a 1-year low of $34.52 and a 1-year high of $54.47.

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.