SG Americas Securities LLC Sells 69,851 Shares of SPDR S&P Regional Banking ETF $KRE

SG Americas Securities LLC trimmed its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 51.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,935 shares of the exchange traded fund’s stock after selling 69,851 shares during the period. SG Americas Securities LLC owned approximately 0.10% of SPDR S&P Regional Banking ETF worth $4,208,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter valued at $795,000. Founders Financial Securities LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth $1,756,000. Great Hill Capital LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth $1,582,000. Patten & Patten Inc. TN grew its holdings in shares of SPDR S&P Regional Banking ETF by 10.1% in the third quarter. Patten & Patten Inc. TN now owns 186,533 shares of the exchange traded fund’s stock worth $11,808,000 after acquiring an additional 17,186 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of SPDR S&P Regional Banking ETF by 96.6% in the third quarter. Geneos Wealth Management Inc. now owns 58,594 shares of the exchange traded fund’s stock worth $3,709,000 after acquiring an additional 28,788 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $65.85 on Thursday. SPDR S&P Regional Banking ETF has a one year low of $47.06 and a one year high of $74.08. The stock has a fifty day moving average of $67.71 and a 200 day moving average of $65.14. The stock has a market cap of $4.12 billion, a PE ratio of 12.39 and a beta of 0.90.

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.