Adviser Investments LLC lowered its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 30.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,597 shares of the exchange traded fund’s stock after selling 4,211 shares during the quarter. Adviser Investments LLC’s holdings in SPDR S&P Regional Banking ETF were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of KRE. Aspire Private Capital LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $35,000. Kwmg LLC acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at about $43,000. Private Ocean LLC acquired a new position in SPDR S&P Regional Banking ETF in the first quarter valued at about $46,000. Truvestments Capital LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the first quarter worth approximately $50,000. Finally, Bay Harbor Wealth Management LLC lifted its position in shares of SPDR S&P Regional Banking ETF by 291.7% during the first quarter. Bay Harbor Wealth Management LLC now owns 1,038 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 773 shares in the last quarter.

Shares of KRE stock opened at $53.05 on Friday. SPDR S&P Regional Banking ETF has a 1 year low of $43.95 and a 1 year high of $66.04.

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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.

Further Reading: How Do You Calculate Return on Equity (ROE)?

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE).

Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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