SG Americas Securities LLC Cuts Stock Position in SPDR S&P Regional Banking ETF $KRE

SG Americas Securities LLC decreased its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 62.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,786 shares of the exchange traded fund’s stock after selling 223,402 shares during the quarter. SG Americas Securities LLC owned about 0.23% of SPDR S&P Regional Banking ETF worth $8,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in KRE. Moors & Cabot Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF by 4.9% during the second quarter. Moors & Cabot Inc. now owns 3,836 shares of the exchange traded fund’s stock worth $228,000 after purchasing an additional 178 shares in the last quarter. Proffitt & Goodson Inc. grew its stake in shares of SPDR S&P Regional Banking ETF by 0.7% in the second quarter. Proffitt & Goodson Inc. now owns 28,585 shares of the exchange traded fund’s stock valued at $1,698,000 after buying an additional 192 shares in the last quarter. CWM LLC raised its holdings in shares of SPDR S&P Regional Banking ETF by 9.8% during the 2nd quarter. CWM LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $133,000 after buying an additional 201 shares during the period. Quantum Portfolio Management LLC lifted its position in SPDR S&P Regional Banking ETF by 3.2% during the 2nd quarter. Quantum Portfolio Management LLC now owns 7,053 shares of the exchange traded fund’s stock worth $419,000 after acquiring an additional 218 shares in the last quarter. Finally, Carnegie Investment Counsel lifted its position in SPDR S&P Regional Banking ETF by 0.3% during the 3rd quarter. Carnegie Investment Counsel now owns 98,015 shares of the exchange traded fund’s stock worth $6,204,000 after acquiring an additional 280 shares in the last quarter.

SPDR S&P Regional Banking ETF Stock Down 0.9%

Shares of NYSEARCA:KRE opened at $67.48 on Friday. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 12.39 and a beta of 0.90. The company has a 50 day moving average of $64.12 and a two-hundred day moving average of $63.03. SPDR S&P Regional Banking ETF has a 52-week low of $47.06 and a 52-week high of $68.67.

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.