SPDR KBW Regional Banking (KRE) Holdings Reduced by Creative Planning

Creative Planning trimmed its stake in shares of SPDR KBW Regional Banking (NYSEARCA:KRE) by 44.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,690 shares of the exchange traded fund’s stock after selling 63,427 shares during the period. Creative Planning owned about 0.11% of SPDR KBW Regional Banking worth $4,631,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of SPDR KBW Regional Banking by 322.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,789,669 shares of the exchange traded fund’s stock valued at $157,422,000 after buying an additional 2,129,369 shares during the period. Nomura Holdings Inc. boosted its position in SPDR KBW Regional Banking by 393.1% during the 2nd quarter. Nomura Holdings Inc. now owns 1,550,789 shares of the exchange traded fund’s stock worth $85,148,000 after purchasing an additional 1,236,312 shares during the period. Progeny 3 Inc. boosted its position in SPDR KBW Regional Banking by 139.4% during the 2nd quarter. Progeny 3 Inc. now owns 687,360 shares of the exchange traded fund’s stock worth $10,633,000 after purchasing an additional 400,240 shares during the period. Sand Hill Global Advisors LLC boosted its position in SPDR KBW Regional Banking by 4.8% during the 3rd quarter. Sand Hill Global Advisors LLC now owns 589,344 shares of the exchange traded fund’s stock worth $33,451,000 after purchasing an additional 27,040 shares during the period. Finally, Factory Mutual Insurance Co. boosted its position in SPDR KBW Regional Banking by 20.9% during the 4th quarter. Factory Mutual Insurance Co. now owns 494,300 shares of the exchange traded fund’s stock worth $29,090,000 after purchasing an additional 85,300 shares during the period.

Shares of SPDR KBW Regional Banking (NYSEARCA:KRE) traded up $0.48 during trading on Monday, reaching $60.53. 1,940,000 shares of the company were exchanged. SPDR KBW Regional Banking has a 12-month low of $49.31 and a 12-month high of $63.81. The stock has a market cap of $4,750.00 and a PE ratio of -84.07.

WARNING: This piece was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/12/creative-planning-has-4-63-million-holdings-in-spdr-kbw-regional-banking-kre.html.

About SPDR KBW Regional Banking

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.

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