Citizens Financial Group Inc. RI Sells 7,677 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Citizens Financial Group Inc. RI lowered its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 41.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,066 shares of the exchange traded fund’s stock after selling 7,677 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR S&P Regional Banking ETF were worth $668,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Holocene Advisors LP lifted its holdings in shares of SPDR S&P Regional Banking ETF by 142.6% during the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock worth $29,963,000 after buying an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after buying an additional 427,473 shares in the last quarter. Goodman Financial Corp lifted its holdings in shares of SPDR S&P Regional Banking ETF by 0.6% during the third quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock worth $21,019,000 after buying an additional 2,159 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth $21,759,000. Finally, Terril Brothers Inc. lifted its holdings in shares of SPDR S&P Regional Banking ETF by 82.5% during the fourth quarter. Terril Brothers Inc. now owns 324,660 shares of the exchange traded fund’s stock worth $19,593,000 after buying an additional 146,760 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

KRE opened at $55.75 on Thursday. SPDR S&P Regional Banking ETF has a fifty-two week low of $45.46 and a fifty-two week high of $70.25. The company has a market capitalization of $4.26 billion, a P/E ratio of 13.97 and a beta of 1.11. The stock has a fifty day moving average of $61.88 and a 200-day moving average of $60.98.

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.