Stifel Financial Corp Has $7.48 Million Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Stifel Financial Corp trimmed its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 3.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 132,147 shares of the exchange traded fund’s stock after selling 5,217 shares during the period. Stifel Financial Corp’s holdings in SPDR S&P Regional Banking ETF were worth $7,480,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of KRE. Larson Financial Group LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $57,000. Future Financial Wealth Managment LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter valued at $58,000. Family Firm Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter valued at $60,000. Bristlecone Advisors LLC acquired a new position in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth $68,000. Finally, Key Financial Inc lifted its position in shares of SPDR S&P Regional Banking ETF by 1,760.0% during the 2nd quarter. Key Financial Inc now owns 1,860 shares of the exchange traded fund’s stock worth $91,000 after buying an additional 1,760 shares during the last quarter.

SPDR S&P Regional Banking ETF Stock Down 1.2 %

SPDR S&P Regional Banking ETF stock opened at $65.00 on Friday. The stock has a market cap of $3.47 billion, a PE ratio of 8.36 and a beta of 1.56. SPDR S&P Regional Banking ETF has a 12-month low of $45.46 and a 12-month high of $70.25. The business’s 50-day moving average price is $62.68 and its two-hundred day moving average price is $56.27.

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.