SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by National Bank of Canada FI

National Bank of Canada FI reduced its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,482,470 shares of the exchange traded fund’s stock after selling 40,177 shares during the quarter. National Bank of Canada FI owned approximately 2.00% of SPDR S&P Regional Banking ETF worth $77,978,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Merit Financial Group LLC boosted its holdings in shares of SPDR S&P Regional Banking ETF by 2.3% in the 4th quarter. Merit Financial Group LLC now owns 14,433 shares of the exchange traded fund’s stock valued at $757,000 after buying an additional 319 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new position in SPDR S&P Regional Banking ETF in the fourth quarter valued at $335,000. Essex Financial Services Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $206,000. Waycross Partners LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $2,359,000. Finally, Alpha Cubed Investments LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at about $218,000.

SPDR S&P Regional Banking ETF Trading Up 1.3 %

Shares of NYSEARCA KRE traded up $0.63 during trading hours on Friday, reaching $49.65. The stock had a trading volume of 14,924,949 shares, compared to its average volume of 14,871,739. SPDR S&P Regional Banking ETF has a fifty-two week low of $34.52 and a fifty-two week high of $54.47. The firm has a 50-day moving average of $48.25 and a 200-day moving average of $47.76. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56.

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.