Group One Trading LLC Sells 17,061 Shares of SPDR S&P Regional Banking ETF $KRE

Group One Trading LLC lessened its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 23.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,805 shares of the exchange traded fund’s stock after selling 17,061 shares during the quarter. Group One Trading LLC owned approximately 0.09% of SPDR S&P Regional Banking ETF worth $3,636,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of KRE. Arax Advisory Partners acquired a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $25,000. MWA Asset Management bought a new position in SPDR S&P Regional Banking ETF during the first quarter worth $46,000. UMB Bank n.a. bought a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth $52,000. Assetmark Inc. increased its holdings in shares of SPDR S&P Regional Banking ETF by 207.0% in the fourth quarter. Assetmark Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 714 shares during the last quarter. Finally, Elyxium Wealth LLC acquired a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at $70,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE opened at $75.60 on Thursday. The firm has a market capitalization of $4.85 billion, a PE ratio of 12.39 and a beta of 0.84. The company’s 50-day moving average is $72.34 and its 200-day moving average is $69.55. SPDR S&P Regional Banking ETF has a fifty-two week low of $57.55 and a fifty-two week high of $78.10.

SPDR S&P Regional Banking ETF 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.