SPDR S&P Regional Banking ETF $KRE Stock Holdings Trimmed by Sowell Financial Services LLC

Sowell Financial Services LLC trimmed its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 68.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,936 shares of the exchange traded fund’s stock after selling 26,004 shares during the period. Sowell Financial Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in KRE. Robinson Value Management Ltd. raised its position in shares of SPDR S&P Regional Banking ETF by 1.2% during the 3rd quarter. Robinson Value Management Ltd. now owns 19,871 shares of the exchange traded fund’s stock worth $1,380,000 after acquiring an additional 239 shares in the last quarter. Sweeney & Michel LLC lifted its stake in SPDR S&P Regional Banking ETF by 1.3% during the third quarter. Sweeney & Michel LLC now owns 31,231 shares of the exchange traded fund’s stock worth $2,169,000 after purchasing an additional 408 shares during the last quarter. HBW Advisory Services LLC acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $313,000. Sanders Morris Harris LLC acquired a new position in SPDR S&P Regional Banking ETF in the third quarter valued at approximately $377,000. Finally, Courier Capital LLC boosted its holdings in SPDR S&P Regional Banking ETF by 100.0% in the third quarter. Courier Capital LLC now owns 6,960 shares of the exchange traded fund’s stock valued at $483,000 after purchasing an additional 3,480 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.1%

Shares of SPDR S&P Regional Banking ETF stock opened at $72.46 on Friday. The firm has a market capitalization of $4.09 billion, a P/E ratio of 12.39 and a beta of 0.87. SPDR S&P Regional Banking ETF has a 52 week low of $58.20 and a 52 week high of $78.35. The firm’s 50 day moving average is $72.31 and its two-hundred day moving average is $72.27.

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.