SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Sold by Patten & Patten Inc. TN

Patten & Patten Inc. TN cut its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,430 shares of the exchange traded fund’s stock after selling 3,926 shares during the quarter. Patten & Patten Inc. TN owned approximately 0.16% of SPDR S&P Regional Banking ETF worth $2,873,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Atlas Capital Advisors LLC acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $27,000. Reilly Financial Advisors LLC increased its position in shares of SPDR S&P Regional Banking ETF by 6,180.0% in the second quarter. Reilly Financial Advisors LLC now owns 628 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 618 shares in the last quarter. Bartlett & Co. LLC purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $40,000. NEXT Financial Group Inc purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $65,000. Finally, SRS Capital Advisors Inc. purchased a new stake in shares of SPDR S&P Regional Banking ETF in the second quarter valued at approximately $73,000.

Shares of SPDR S&P Regional Banking ETF stock traded up $0.89 on Tuesday, reaching $53.01. The company’s stock had a trading volume of 234,107 shares, compared to its average volume of 7,364,083. SPDR S&P Regional Banking ETF has a 52-week low of $43.95 and a 52-week high of $57.52. The stock has a 50-day moving average price of $51.81 and a 200-day moving average price of $52.70.

The firm also recently disclosed a — dividend, which was paid on Wednesday, September 25th. Stockholders of record on Monday, September 23rd were given a $0.3301 dividend. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, September 20th.

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.

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Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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