Ruggie Capital Group lowered its position in SPDR KBW Regional Banking (NYSE:KRE) by 48.0% during the second quarter, Holdings Channel reports. The firm owned 2,183 shares of the exchange traded fund’s stock after selling 2,017 shares during the period. Ruggie Capital Group’s holdings in SPDR KBW Regional Banking were worth $120,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Wellington Shields Capital Management LLC increased its stake in shares of 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 period. Benjamin F. Edwards & Company Inc. increased its stake in shares of SPDR KBW Regional Banking by 5.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 11,473 shares of the exchange traded fund’s stock worth $630,000 after buying an additional 617 shares during the period. First Heartland Consultants Inc. increased its stake in shares of 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 period. Stratos Wealth Partners LTD. increased its stake in shares of SPDR KBW Regional Banking by 16.7% in the second quarter. Stratos Wealth Partners LTD. now owns 8,742 shares of the exchange traded fund’s stock worth $480,000 after buying an additional 1,252 shares during the period. Finally, Peak Asset Management LLC acquired a new stake in shares of SPDR KBW Regional Banking during the second quarter worth about $200,000.

Shares of SPDR KBW Regional Banking (NYSE KRE) opened at 54.07 on Thursday. SPDR KBW Regional Banking has a one year low of $40.29 and a one year high of $59.68. The firm’s 50-day moving average price is $54.72 and its 200-day moving average price is $54.85.

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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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