Rosenthal Henry Capital Advisors Inc. Sells 38,109 Shares of SPDR S&P Regional Banking ETF $KRE

Rosenthal Henry Capital Advisors Inc. lessened its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 22.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 131,610 shares of the exchange traded fund’s stock after selling 38,109 shares during the quarter. SPDR S&P Regional Banking ETF accounts for approximately 8.1% of Rosenthal Henry Capital Advisors Inc.’s holdings, making the stock its 2nd largest holding. Rosenthal Henry Capital Advisors Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $8,331,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Moors & Cabot Inc. raised its position in shares of SPDR S&P Regional Banking ETF by 4.9% in the 2nd quarter. Moors & Cabot Inc. now owns 3,836 shares of the exchange traded fund’s stock valued at $228,000 after purchasing an additional 178 shares during the last quarter. Proffitt & Goodson Inc. increased its stake in SPDR S&P Regional Banking ETF by 0.7% during the 2nd quarter. Proffitt & Goodson Inc. now owns 28,585 shares of the exchange traded fund’s stock valued at $1,698,000 after purchasing an additional 192 shares in the last quarter. CWM LLC increased its stake in SPDR S&P Regional Banking ETF by 9.8% during the 2nd quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $133,000 after purchasing an additional 201 shares in the last quarter. Quantum Portfolio Management LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 3.2% in the second quarter. Quantum Portfolio Management LLC now owns 7,053 shares of the exchange traded fund’s stock worth $419,000 after buying an additional 218 shares during the last quarter. Finally, Carnegie Investment Counsel grew its holdings in shares of SPDR S&P Regional Banking ETF by 0.3% during the third quarter. Carnegie Investment Counsel now owns 98,015 shares of the exchange traded fund’s stock valued at $6,204,000 after buying an additional 280 shares during the last quarter.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock opened at $66.24 on Wednesday. The business has a fifty day moving average of $64.38 and a 200 day moving average of $63.20. SPDR S&P Regional Banking ETF has a 1 year low of $47.06 and a 1 year high of $68.67. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90.

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.