Missouri Trust & Investment Co Sells 250 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Missouri Trust & Investment Co reduced its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 10.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,200 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Missouri Trust & Investment Co’s holdings in SPDR S&P Regional Banking ETF were worth $125,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of KRE. Jane Street Group LLC boosted its position in SPDR S&P Regional Banking ETF by 136.5% during the 1st quarter. Jane Street Group LLC now owns 2,894,177 shares of the exchange traded fund’s stock worth $145,519,000 after acquiring an additional 1,670,478 shares during the last quarter. Main Management ETF Advisors LLC raised its holdings in SPDR S&P Regional Banking ETF by 2.6% during 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 acquiring an additional 63,750 shares in the last quarter. Baymount Management LP acquired a new position in SPDR S&P Regional Banking ETF during the first quarter valued at approximately $51,185,000. Bessemer Group Inc. grew its stake in SPDR S&P Regional Banking ETF by 7.5% in the first quarter. Bessemer Group Inc. now owns 913,986 shares of the exchange traded fund’s stock valued at $45,956,000 after purchasing an additional 63,380 shares in the last quarter. Finally, Main Management Fund Advisors LLC raised its stake in shares of SPDR S&P Regional Banking ETF by 11.6% during 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 purchasing an additional 92,200 shares in the last quarter.

SPDR S&P Regional Banking ETF Price Performance

NYSEARCA KRE traded down $0.03 on Tuesday, hitting $66.96. 3,599,025 shares of the stock were exchanged, compared to its average volume of 14,487,511. The company has a market capitalization of $3.58 billion, a PE ratio of 8.36 and a beta of 1.56. The business’s fifty day moving average is $57.81 and its 200 day moving average is $53.64. SPDR S&P Regional Banking ETF has a 52 week low of $40.76 and a 52 week high of $67.79.

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.