Whitener Capital Management Inc. Sells 2,150 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Whitener Capital Management Inc. decreased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 33.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,215 shares of the exchange traded fund’s stock after selling 2,150 shares during the period. Whitener Capital Management Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $254,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DRW Securities LLC increased its stake in SPDR S&P Regional Banking ETF by 117.6% in the 2nd quarter. DRW Securities LLC now owns 112,000 shares of the exchange traded fund’s stock worth $5,499,000 after buying an additional 748,248 shares in the last quarter. Toronto Dominion Bank lifted its stake in SPDR S&P Regional Banking ETF by 195.9% in the second quarter. Toronto Dominion Bank now owns 754,500 shares of the exchange traded fund’s stock worth $37,046,000 after purchasing an additional 499,500 shares during the last quarter. EP Wealth Advisors LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after purchasing an additional 427,473 shares during the last quarter. SMI Advisory Services LLC bought a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter valued at approximately $20,777,000. Finally, Holocene Advisors LP raised its holdings in shares of SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after purchasing an additional 311,147 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Performance

Shares of SPDR S&P Regional Banking ETF stock opened at $63.07 on Friday. The company has a 50-day simple moving average of $63.70 and a two-hundred day simple moving average of $58.73. The company has a market capitalization of $3.37 billion, a PE ratio of 8.36 and a beta of 1.56. 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 Company 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.