Sigma Planning Corp Decreases Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Sigma Planning Corp reduced its position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 6.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,349 shares of the exchange traded fund’s stock after selling 791 shares during the quarter. Sigma Planning Corp’s holdings in SPDR S&P Regional Banking ETF were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new position in shares of SPDR S&P Regional Banking ETF in the second quarter valued at $40,126,000. Alpine Global Management LLC grew its position in shares of SPDR S&P Regional Banking ETF by 7,765.2% in the second quarter. Alpine Global Management LLC now owns 471,909 shares of the exchange traded fund’s stock valued at $25,214,000 after purchasing an additional 465,909 shares in the last quarter. United Capital Financial Advisers LLC boosted its stake in SPDR S&P Regional Banking ETF by 14.5% during the second quarter. United Capital Financial Advisers LLC now owns 321,825 shares of the exchange traded fund’s stock valued at $17,195,000 after buying an additional 40,730 shares during the period. Gamco Investors INC. ET AL boosted its stake in SPDR S&P Regional Banking ETF by 185.4% during the second quarter. Gamco Investors INC. ET AL now owns 128,425 shares of the exchange traded fund’s stock valued at $6,862,000 after buying an additional 83,425 shares during the period. Finally, Clear Street Markets LLC bought a new stake in SPDR S&P Regional Banking ETF during the third quarter valued at $6,335,000.

NYSEARCA:KRE opened at $56.80 on Friday. 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 fifty day moving average of $53.39 and a 200 day moving average of $52.84.

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.

Read More: What is the Rule of 72?

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

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

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