Advantage Trust Co Sells 4,500 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Advantage Trust Co lessened its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 64.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,500 shares of the exchange traded fund’s stock after selling 4,500 shares during the quarter. Advantage Trust Co’s holdings in SPDR S&P Regional Banking ETF were worth $142,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC lifted its stake in shares of SPDR S&P Regional Banking ETF by 136.5% in the 1st quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock valued at $145,519,000 after purchasing an additional 1,670,478 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in SPDR S&P Regional Banking ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 2,538,750 shares of the exchange traded fund’s stock worth $124,653,000 after buying an additional 63,750 shares during the last quarter. Baymount Management LP purchased a new position in SPDR S&P Regional Banking ETF during the first quarter worth $51,185,000. Bessemer Group Inc. increased its position in SPDR S&P Regional Banking ETF by 7.5% during the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock valued at $45,956,000 after acquiring an additional 63,380 shares during the last quarter. Finally, Main Management Fund Advisors LLC lifted its holdings in shares of SPDR S&P Regional Banking ETF by 11.6% in the 1st quarter. Main Management Fund Advisors LLC now owns 884,200 shares of the exchange traded fund’s stock worth $44,458,000 after acquiring an additional 92,200 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 0.5 %

NYSEARCA:KRE traded up $0.35 during mid-day trading on Friday, hitting $64.98. 18,268,752 shares of the stock traded hands, compared to its average volume of 14,510,791. SPDR S&P Regional Banking ETF has a 52 week low of $40.76 and a 52 week high of $67.12. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The firm’s 50 day moving average is $57.63 and its two-hundred day moving average is $53.47.

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.