SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Stake Cut by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. reduced its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 14.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,390 shares of the exchange traded fund’s stock after selling 943 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR S&P Regional Banking ETF were worth $325,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Lowe Wealth Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter worth approximately $25,000. Heck Capital Advisors LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $32,000. Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the third quarter worth $57,000. New Wave Wealth Advisors LLC bought a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth about $67,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the third quarter valued at about $68,000.

SPDR S&P Regional Banking ETF Stock Performance

NYSEARCA:KRE opened at $63.41 on Thursday. The stock’s 50-day simple moving average is $62.65 and its 200 day simple moving average is $60.10. The company has a market cap of $3.39 billion, a P/E ratio of 8.36 and a beta of 1.56. 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.