Stratos Wealth Partners LTD. Lowers Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Stratos Wealth Partners LTD. decreased its holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 14.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,390 shares of the exchange traded fund’s stock after selling 943 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR S&P Regional Banking ETF were worth $325,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $25,000. Heck Capital Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $32,000. Larson Financial Group LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 3rd quarter valued at about $57,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P Regional Banking ETF in the 4th quarter valued at about $67,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF during the 3rd quarter worth about $68,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of NYSEARCA:KRE opened at $63.41 on Thursday. SPDR S&P Regional Banking ETF has a 1 year low of $45.46 and a 1 year high of $70.25. The stock has a market capitalization of $3.39 billion, a P/E ratio of 8.36 and a beta of 1.56. The stock has a 50-day simple moving average of $62.65 and a 200-day simple moving average of $60.10.

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.