First Allied Advisory Services Inc. lessened its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 26.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,055 shares of the exchange traded fund’s stock after selling 2,513 shares during the quarter. First Allied Advisory Services Inc.’s holdings in SPDR S&P Regional Banking ETF were worth $399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Welch Group LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the 2nd quarter worth about $100,000. MCF Advisors LLC purchased a new position in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $119,000. Bronfman E.L. Rothschild L.P. raised its position in shares of SPDR S&P Regional Banking ETF by 83.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,203 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 1,000 shares during the last quarter. Synovus Financial Corp raised its position in shares of SPDR S&P Regional Banking ETF by 187.5% in the 2nd quarter. Synovus Financial Corp now owns 2,608 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 1,701 shares during the last quarter. Finally, Jacobi Capital Management LLC raised its position in shares of SPDR S&P Regional Banking ETF by 11.5% in the 2nd quarter. Jacobi Capital Management LLC now owns 3,025 shares of the exchange traded fund’s stock worth $168,000 after purchasing an additional 311 shares during the last quarter.

SPDR S&P Regional Banking ETF (KRE) traded down $0.10 on Thursday, hitting $58.59. The stock had a trading volume of 10,109,900 shares, compared to its average volume of 6,811,578. SPDR S&P Regional Banking ETF has a 12-month low of $49.31 and a 12-month high of $61.26.

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SPDR S&P Regional Banking ETF 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 S&P Regional Banking ETF (NYSEARCA:KRE)

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