Quattro Financial Advisors LLC Sells 3,455 Shares of SPDR KBW Regional Banking (KRE)

Quattro Financial Advisors LLC trimmed its holdings in SPDR KBW Regional Banking (NYSEARCA:KRE) by 5.3% during the first quarter, HoldingsChannel reports. The firm owned 61,772 shares of the exchange traded fund’s stock after selling 3,455 shares during the period. SPDR KBW Regional Banking makes up about 1.5% of Quattro Financial Advisors LLC’s portfolio, making the stock its 21st biggest holding. Quattro Financial Advisors LLC’s holdings in SPDR KBW Regional Banking were worth $3,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Patten Group Inc. raised its position in shares of SPDR KBW Regional Banking by 69.0% in the 1st quarter. Patten Group Inc. now owns 2,450 shares of the exchange traded fund’s stock valued at $148,000 after purchasing an additional 1,000 shares in the last quarter. Advisors Preferred LLC raised its position in shares of SPDR KBW Regional Banking by 1,801.9% in the 1st quarter. Advisors Preferred LLC now owns 3,005 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 2,847 shares in the last quarter. Mariner Wealth Advisors LLC acquired a new position in shares of SPDR KBW Regional Banking in the 4th quarter valued at approximately $206,000. Bank of New York Mellon Corp acquired a new position in shares of SPDR KBW Regional Banking in the 4th quarter valued at approximately $210,000. Finally, Waldron LP acquired a new position in shares of SPDR KBW Regional Banking in the 1st quarter valued at approximately $216,000.

Shares of SPDR KBW Regional Banking opened at $64.17 on Thursday, according to MarketBeat Ratings. SPDR KBW Regional Banking has a 52-week low of $49.31 and a 52-week high of $66.04.

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)

Receive News & Ratings for SPDR KBW Regional Banking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR KBW Regional Banking and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply