Fort Washington Investment Advisors Inc. OH Sells 1,500 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Fort Washington Investment Advisors Inc. OH trimmed its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 25.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,330 shares of the exchange traded fund’s stock after selling 1,500 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in SPDR S&P Regional Banking ETF were worth $261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Toronto Dominion Bank lifted its holdings in SPDR S&P Regional Banking ETF by 195.9% in the 2nd quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock worth $37,046,000 after buying an additional 499,500 shares during the period. Main Management ETF Advisors LLC lifted its holdings in SPDR S&P Regional Banking ETF by 2.6% in the 2nd 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 period. Silver Lake Advisory LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter worth approximately $229,000. Point72 Asset Management L.P. purchased a new stake in SPDR S&P Regional Banking ETF in the 2nd quarter worth approximately $2,519,000. Finally, Truist Financial Corp lifted its holdings in SPDR S&P Regional Banking ETF by 0.5% in the 2nd quarter. Truist Financial Corp now owns 199,914 shares of the exchange traded fund’s stock worth $9,816,000 after buying an additional 1,006 shares during the period.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA KRE opened at $62.86 on Friday. 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 stock has a 50 day simple moving average of $63.44 and a two-hundred day simple moving average of $59.13. The stock has a market cap of $3.36 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.