Prudent Man Advisors LLC Sells 252 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Prudent Man Advisors LLC trimmed its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,099 shares of the exchange traded fund’s stock after selling 252 shares during the period. Prudent Man Advisors LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Thrivent Financial for Lutherans lifted its position in SPDR S&P Regional Banking ETF by 98.4% in the third quarter. Thrivent Financial for Lutherans now owns 14,464 shares of the exchange traded fund’s stock worth $819,000 after buying an additional 7,172 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in SPDR S&P Regional Banking ETF by 258.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 99,222 shares of the exchange traded fund’s stock valued at $5,616,000 after buying an additional 71,511 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at approximately $565,000. Patten & Patten Inc. TN grew its position in shares of SPDR S&P Regional Banking ETF by 10.1% during the 3rd quarter. Patten & Patten Inc. TN now owns 81,236 shares of the exchange traded fund’s stock worth $4,598,000 after buying an additional 7,465 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in SPDR S&P Regional Banking ETF during the 3rd quarter worth about $856,000.

SPDR S&P Regional Banking ETF Stock Up 0.0 %

Shares of KRE stock opened at $65.84 on Monday. SPDR S&P Regional Banking ETF has a 52-week low of $43.51 and a 52-week high of $67.96. The company’s 50 day moving average is $58.62 and its 200 day moving average is $54.15. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.