Virtu Financial LLC Sells 10,209 Shares of SPDR KBW Regional Banking (KRE)

Virtu Financial LLC trimmed its holdings in SPDR KBW Regional Banking (NYSEARCA:KRE) by 22.7% in the fourth quarter, Holdings Channel reports. The fund owned 34,776 shares of the exchange traded fund’s stock after selling 10,209 shares during the period. Virtu Financial LLC’s holdings in SPDR KBW Regional Banking were worth $2,047,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in shares of SPDR KBW Regional Banking in the 4th quarter worth approximately $210,000. Welch Capital Partners LLC NY bought a new stake in shares of SPDR KBW Regional Banking in the 4th quarter worth approximately $2,908,000. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of SPDR KBW Regional Banking by 14.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 237,009 shares of the exchange traded fund’s stock worth $13,948,000 after acquiring an additional 30,302 shares during the last quarter. Fagan Associates Inc. lifted its holdings in shares of SPDR KBW Regional Banking by 9.5% in the 4th quarter. Fagan Associates Inc. now owns 31,334 shares of the exchange traded fund’s stock worth $1,844,000 after acquiring an additional 2,725 shares during the last quarter. Finally, Main Management LLC lifted its holdings in shares of SPDR KBW Regional Banking by 5,735.2% in the 4th quarter. Main Management LLC now owns 429,765 shares of the exchange traded fund’s stock worth $25,292,000 after acquiring an additional 422,400 shares during the last quarter.

Shares of SPDR KBW Regional Banking (KRE) opened at $63.10 on Monday. SPDR KBW Regional Banking has a 1-year low of $49.31 and a 1-year high of $63.81. The company has a market cap of $4,710.00 and a price-to-earnings ratio of -87.64.

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SPDR KBW Regional Banking 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.

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR KBW Regional Banking (NYSEARCA:KRE).

Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSEARCA:KRE)

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