Prudent Man Advisors LLC Has $1.15 Million Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Prudent Man Advisors LLC lessened its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.0% during the 4th quarter, Holdings Channel reports. The firm owned 18,997 shares of the exchange traded fund’s stock after selling 2,102 shares during the quarter. Prudent Man Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,146,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Holocene Advisors LP increased its position in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after buying an additional 311,147 shares in the last quarter. EP Wealth Advisors LLC raised its stake in SPDR S&P Regional Banking ETF by 1,910.8% in the 3rd quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after purchasing an additional 427,473 shares in the last quarter. Goodman Financial Corp raised its position in shares of SPDR S&P Regional Banking ETF by 0.6% in the 3rd quarter. Goodman Financial Corp now owns 371,371 shares of the exchange traded fund’s stock valued at $21,019,000 after buying an additional 2,159 shares in the last quarter. Terril Brothers Inc. lifted its holdings in shares of SPDR S&P Regional Banking ETF by 82.5% in the fourth quarter. Terril Brothers Inc. now owns 324,660 shares of the exchange traded fund’s stock worth $19,593,000 after acquiring an additional 146,760 shares during the last quarter. Finally, Ocean Park Asset Management LLC increased its holdings in SPDR S&P Regional Banking ETF by 33.0% in the 4th quarter. Ocean Park Asset Management LLC now owns 276,744 shares of the exchange traded fund’s stock worth $16,702,000 after purchasing an additional 68,641 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

SPDR S&P Regional Banking ETF stock opened at $62.07 on Friday. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25. The firm has a 50 day moving average price of $62.27 and a two-hundred day moving average price of $60.67.

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.