SPDR KBW Regional Banking (KRE) Position Trimmed by United Capital Financial Advisers LLC

United Capital Financial Advisers LLC cut its holdings in shares of SPDR KBW Regional Banking (NYSEARCA:KRE) by 2.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 262,048 shares of the exchange traded fund’s stock after selling 5,241 shares during the quarter. United Capital Financial Advisers LLC owned about 0.34% of SPDR KBW Regional Banking worth $15,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Patten Group Inc. increased its stake in SPDR KBW Regional Banking by 69.0% during the first quarter. Patten Group Inc. now owns 2,450 shares of the exchange traded fund’s stock worth $148,000 after acquiring an additional 1,000 shares during the last quarter. Advisors Preferred LLC increased its stake in SPDR KBW Regional Banking by 1,801.9% during the first quarter. Advisors Preferred LLC now owns 3,005 shares of the exchange traded fund’s stock worth $181,000 after acquiring an additional 2,847 shares during the last quarter. Mariner Wealth Advisors LLC acquired a new stake in SPDR KBW Regional Banking during the fourth quarter worth about $206,000. Bank of New York Mellon Corp acquired a new stake in SPDR KBW Regional Banking during the fourth quarter worth about $210,000. Finally, Waldron LP acquired a new stake in SPDR KBW Regional Banking during the first quarter worth about $216,000.

Shares of NYSEARCA:KRE opened at $64.33 on Thursday. SPDR KBW Regional Banking has a 12 month low of $49.31 and a 12 month high of $66.04.

SPDR KBW Regional Banking Company 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.

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

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