KMG Fiduciary Partners LLC Has $235,000 Stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

KMG Fiduciary Partners LLC lowered its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 42.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 4,666 shares of the exchange traded fund’s stock after selling 3,482 shares during the period. KMG Fiduciary Partners LLC’s holdings in SPDR S&P Regional Banking ETF were worth $235,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of KRE. Hsbc Holdings PLC increased its stake in shares of SPDR S&P Regional Banking ETF by 10.3% in the 3rd quarter. Hsbc Holdings PLC now owns 395,202 shares of the exchange traded fund’s stock valued at $16,600,000 after acquiring an additional 36,798 shares in the last quarter. LPL Financial LLC increased its stake in shares of SPDR S&P Regional Banking ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 1,339,950 shares of the exchange traded fund’s stock valued at $55,970,000 after acquiring an additional 145,395 shares in the last quarter. Citizens Financial Group Inc. RI increased its stake in shares of SPDR S&P Regional Banking ETF by 201.0% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 22,556 shares of the exchange traded fund’s stock valued at $942,000 after acquiring an additional 15,063 shares in the last quarter. rhino investment partners Inc increased its stake in shares of SPDR S&P Regional Banking ETF by 1.9% in the 3rd quarter. rhino investment partners Inc now owns 320,000 shares of the exchange traded fund’s stock valued at $13,366,000 after acquiring an additional 6,120 shares in the last quarter. Finally, Gendell Jeffrey L bought a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $4,667,000.

SPDR S&P Regional Banking ETF Stock Down 0.2 %

NYSEARCA:KRE opened at $47.01 on Friday. The company has a fifty day moving average of $48.33 and a 200-day moving average of $49.19. The firm has a market capitalization of $2.51 billion, a P/E ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a twelve month low of $37.66 and a twelve month high of $54.47.

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.