NBT Bank N A NY reduced its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 5.4% during the 2nd quarter, Holdings Channel reports. The fund owned 44,240 shares of the exchange traded fund’s stock after selling 2,547 shares during the period. NBT Bank N A NY’s holdings in SPDR S&P Regional Banking ETF were worth $2,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new stake in SPDR S&P Regional Banking ETF during the second quarter worth $25,000. SouthState Corp acquired a new stake in shares of SPDR S&P Regional Banking ETF in the first quarter valued at about $27,000. Oakworth Capital Inc. acquired a new stake in SPDR S&P Regional Banking ETF during the first quarter worth about $44,000. Provident Wealth Management LLC acquired a new stake in SPDR S&P Regional Banking ETF during the first quarter worth about $51,000. Finally, Trust Co. of Vermont acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth about $53,000.
SPDR S&P Regional Banking ETF Price Performance
Shares of KRE stock opened at $63.63 on Wednesday. The firm has a market cap of $3.91 billion, a PE ratio of 12.39 and a beta of 1.10. The company has a 50-day moving average of $63.29 and a two-hundred day moving average of $59.34. SPDR S&P Regional Banking ETF has a 1-year low of $47.06 and a 1-year 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.
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