Intrepid Financial Planning Group LLC Decreases Stock Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Intrepid Financial Planning Group LLC reduced its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,430 shares of the exchange traded fund’s stock after selling 561 shares during the period. Intrepid Financial Planning Group LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $26,000. Valley Wealth Managers Inc. lifted its position in shares of SPDR S&P Regional Banking ETF by 22,750.0% in the fourth quarter. Valley Wealth Managers Inc. now owns 457 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 455 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $32,000. Finally, JFS Wealth Advisors LLC increased its holdings in shares of SPDR S&P Regional Banking ETF by 295.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 945 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 706 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Up 3.0 %

KRE stock opened at $56.76 on Friday. The business has a fifty day moving average of $61.62 and a two-hundred day moving average of $60.93. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 12.46 and a beta of 1.09. SPDR S&P Regional Banking ETF has a 52-week low of $45.46 and a 52-week high of $70.25.

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.