Future Financial Wealth Managment LLC Sells 500 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Future Financial Wealth Managment LLC cut its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 48.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 531 shares of the exchange traded fund’s stock after selling 500 shares during the period. Future Financial Wealth Managment LLC’s holdings in SPDR S&P Regional Banking ETF were worth $32,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lowe Wealth Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter worth about $25,000. Larson Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF in the third quarter worth $57,000. Bristlecone Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $68,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SPDR S&P Regional Banking ETF by 106.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,105 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 1,085 shares in the last quarter. Finally, Friedenthal Financial purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at approximately $120,000.

SPDR S&P Regional Banking ETF Trading Up 0.5 %

KRE traded up $0.28 during trading on Monday, reaching $58.59. The stock had a trading volume of 7,411,304 shares, compared to its average volume of 11,313,531. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The stock’s 50 day moving average is $63.81 and its two-hundred day moving average is $58.41. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25.

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.