Buckingham Asset Management LLC lowered its position in shares of SPDR KBW Regional Banking (NYSE:KRE) by 63.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,481 shares of the exchange traded fund’s stock after selling 7,855 shares during the period. Buckingham Asset Management LLC’s holdings in SPDR KBW Regional Banking were worth $246,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of KRE. Welch Group LLC purchased a new position in shares of SPDR KBW Regional Banking during the second quarter worth $100,000. Peak Asset Management LLC bought a new position in SPDR KBW Regional Banking during the second quarter valued at approximately $200,000. Howland Capital Management LLC bought a new position in SPDR KBW Regional Banking during the second quarter valued at approximately $223,000. Allegis Investment Advisors LLC raised its position in SPDR KBW Regional Banking by 0.6% in the second quarter. Allegis Investment Advisors LLC now owns 4,272 shares of the exchange traded fund’s stock valued at $235,000 after buying an additional 26 shares in the last quarter. Finally, Strategic Financial Group LLC bought a new position in SPDR KBW Regional Banking during the second quarter valued at approximately $238,000.

SPDR KBW Regional Banking (NYSE KRE) opened at 52.27 on Tuesday. SPDR KBW Regional Banking has a 52-week low of $40.97 and a 52-week high of $59.68. The company has a 50-day moving average price of $54.04 and a 200 day moving average price of $54.58.

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SPDR KBW Regional Banking 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.

Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSE:KRE)

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