Janney Montgomery Scott LLC lowered its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 19.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 66,410 shares of the exchange traded fund’s stock after selling 16,254 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Regional Banking ETF were worth $2,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 126.8% in the first quarter. CWM LLC now owns 1,379 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 771 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of SPDR S&P Regional Banking ETF by 333.3% in the first quarter. Whittier Trust Co. now owns 1,430 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 1,100 shares during the last quarter. 1776 Wealth LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 41.7% in the first quarter. 1776 Wealth LLC now owns 1,519 shares of the exchange traded fund’s stock worth $49,000 after buying an additional 447 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF in the first quarter worth $54,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 20.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 1,750 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 302 shares during the last quarter.

NYSEARCA KRE opened at $37.58 on Friday. The company has a fifty day simple moving average of $37.60 and a two-hundred day simple moving average of $41.38. SPDR S&P Regional Banking ETF has a 12-month low of $27.26 and a 12-month high of $59.38.

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.

Featured Story: New Google Finance Tool and Screening Stocks

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)

Receive News & Ratings for SPDR S&P Regional Banking ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Regional Banking ETF and related companies with MarketBeat.com's FREE daily email newsletter.