City Holding Co. Sells 3,525 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

City Holding Co. reduced its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 17.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,989 shares of the exchange traded fund’s stock after selling 3,525 shares during the period. City Holding Co.’s holdings in SPDR S&P Regional Banking ETF were worth $1,025,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KRE. Trust Co. of Toledo NA OH lifted its holdings in SPDR S&P Regional Banking ETF by 4.7% during the fourth quarter. Trust Co. of Toledo NA OH now owns 4,299 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 193 shares during the last quarter. Armstrong Advisory Group Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 25.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 255 shares in the last quarter. SPC Financial Inc. boosted its holdings in SPDR S&P Regional Banking ETF by 2.5% in the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $708,000 after buying an additional 300 shares during the period. Robinson Value Management Ltd. grew its stake in SPDR S&P Regional Banking ETF by 1.3% in the 3rd quarter. Robinson Value Management Ltd. now owns 24,718 shares of the exchange traded fund’s stock valued at $1,399,000 after buying an additional 323 shares in the last quarter. Finally, Lowe Wealth Advisors LLC bought a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at $25,000.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA:KRE opened at $63.07 on Tuesday. The company has a market cap of $3.37 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The stock’s fifty day moving average price is $63.62 and its two-hundred day moving average price is $58.96.

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.