RWA Wealth Partners LLC Sells 1,017 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

RWA Wealth Partners LLC trimmed its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 19.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,175 shares of the exchange traded fund’s stock after selling 1,017 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $33,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $53,000. Sheets Smith Wealth Management acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at about $68,000. Allworth Financial LP grew its stake in SPDR S&P Regional Banking ETF by 219.5% in the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after acquiring an additional 900 shares during the period. Finally, Naples Money Management LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $104,000.

SPDR S&P Regional Banking ETF Trading Down 0.6 %

NYSEARCA:KRE opened at $48.19 on Friday. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 8.27 and a beta of 1.56. The stock has a 50-day moving average price of $48.24 and a two-hundred day moving average price of $47.43. 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.