Terril Brothers Inc. Sells 815 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Terril Brothers Inc. lessened its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 176,605 shares of the exchange traded fund’s stock after selling 815 shares during the period. SPDR S&P Regional Banking ETF comprises 3.3% of Terril Brothers Inc.’s portfolio, making the stock its 11th largest holding. Terril Brothers Inc. owned about 0.24% of SPDR S&P Regional Banking ETF worth $9,259,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. raised its holdings in shares of SPDR S&P Regional Banking ETF by 11.6% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,744 shares of the exchange traded fund’s stock valued at $144,000 after purchasing an additional 286 shares during the last quarter. Flputnam Investment Management Co. raised its holdings in shares of SPDR S&P Regional Banking ETF by 0.4% during the fourth quarter. Flputnam Investment Management Co. now owns 80,407 shares of the exchange traded fund’s stock valued at $4,216,000 after purchasing an additional 316 shares during the last quarter. Clearstead Advisors LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 1.2% during the third quarter. Clearstead Advisors LLC now owns 32,654 shares of the exchange traded fund’s stock valued at $1,364,000 after purchasing an additional 375 shares during the last quarter. Cowa LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 4.7% during the third quarter. Cowa LLC now owns 8,584 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 389 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 5.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 456 shares during the last quarter.

SPDR S&P Regional Banking ETF Trading Down 0.6 %

KRE stock traded down $0.28 during midday trading on Friday, reaching $48.19. 9,127,770 shares of the company’s stock traded hands, compared to its average volume of 14,781,457. SPDR S&P Regional Banking ETF has a 52-week low of $34.52 and a 52-week high of $54.47. The stock has a market cap of $2.45 billion, a P/E ratio of 8.27 and a beta of 1.56. The stock’s 50-day moving average is $48.23 and its 200 day moving average is $47.48.

SPDR S&P Regional Banking ETF 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.