NBT Bank N A NY decreased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Get Rating) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 51,744 shares of the exchange traded fund’s stock after selling 1,869 shares during the quarter. NBT Bank N A NY’s holdings in SPDR S&P Regional Banking ETF were worth $3,039,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of KRE. Hollencrest Capital Management acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $26,000. EWG Elevate Inc. acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $35,000. Magnolia Capital Management Ltd. raised its holdings in shares of SPDR S&P Regional Banking ETF by 243.6% during the fourth quarter. Magnolia Capital Management Ltd. now owns 670 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 475 shares during the last quarter. Horizon Bancorp Inc. IN acquired a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at approximately $41,000. Finally, Brown Brothers Harriman & Co. raised its holdings in shares of SPDR S&P Regional Banking ETF by 351.1% during the first quarter. Brown Brothers Harriman & Co. now owns 600 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 467 shares during the last quarter.
SPDR S&P Regional Banking ETF Stock Up 0.7 %
Shares of SPDR S&P Regional Banking ETF stock traded up $0.29 during mid-day trading on Friday, reaching $40.09. 10,692,309 shares of the stock traded hands, compared to its average volume of 23,188,373. The business has a 50-day moving average of $41.34 and a 200 day moving average of $53.72. The stock has a market capitalization of $2.62 billion, a PE ratio of 10.19 and a beta of 1.10. SPDR S&P Regional Banking ETF has a fifty-two week low of $34.52 and a fifty-two week high of $68.83.
SPDR S&P Regional Banking ETF Company Profile
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.
Further Reading
- Get a free copy of the StockNews.com research report on SPDR S&P Regional Banking ETF (KRE)
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