Harel Insurance Investments & Financial Services Ltd. reduced its position in shares of SPDR KBW Regional Banking (NYSE:KRE) by 12.2% during the second quarter, Holdings Channel reports. The institutional investor owned 35,892 shares of the exchange traded fund’s stock after selling 5,000 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in SPDR KBW Regional Banking were worth $1,950,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cambridge Advisors Inc. purchased a new stake in SPDR KBW Regional Banking during the second quarter worth approximately $459,000. First Midwest Bank Trust Division bought a new position in SPDR KBW Regional Banking during the second quarter worth about $1,472,000. Wellington Shields Capital Management LLC increased its position in SPDR KBW Regional Banking by 0.4% in the second quarter. Wellington Shields Capital Management LLC now owns 12,020 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 50 shares during the last quarter. Howland Capital Management LLC bought a new position in SPDR KBW Regional Banking during the second quarter worth about $223,000. Finally, First Heartland Consultants Inc. increased its position in SPDR KBW Regional Banking by 9.4% in the second quarter. First Heartland Consultants Inc. now owns 8,938 shares of the exchange traded fund’s stock worth $491,000 after buying an additional 765 shares during the last quarter.

SPDR KBW Regional Banking (KRE) opened at 54.07 on Thursday. The company’s 50 day moving average is $54.72 and its 200-day moving average is $54.85. SPDR KBW Regional Banking has a 52-week low of $40.29 and a 52-week high of $59.68.

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About SPDR KBW Regional Banking

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.

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR KBW Regional Banking (NYSE:KRE).

Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSE:KRE)

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