Cullen Frost Bankers Inc. Cuts Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Cullen Frost Bankers Inc. cut its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 23.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,848 shares of the exchange traded fund’s stock after selling 16,039 shares during the period. Cullen Frost Bankers Inc. owned about 0.16% of SPDR S&P Regional Banking ETF worth $2,737,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Simplex Trading LLC acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $2,294,000. Bartlett & Co. LLC acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $40,000. Captrust Financial Advisors boosted its holdings in SPDR S&P Regional Banking ETF by 50.4% in the second quarter. Captrust Financial Advisors now owns 9,814 shares of the exchange traded fund’s stock valued at $524,000 after purchasing an additional 3,290 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new position in SPDR S&P Regional Banking ETF in the second quarter valued at approximately $2,704,000. Finally, AE Wealth Management LLC boosted its holdings in SPDR S&P Regional Banking ETF by 120.0% in the second quarter. AE Wealth Management LLC now owns 21,185 shares of the exchange traded fund’s stock valued at $1,132,000 after purchasing an additional 11,557 shares in the last quarter.

Shares of KRE stock traded up $0.06 during trading hours on Friday, hitting $56.82. The stock had a trading volume of 1,726,848 shares, compared to its average volume of 7,222,313. SPDR S&P Regional Banking ETF has a twelve month low of $43.95 and a twelve month high of $57.52. The stock’s 50 day moving average is $53.34 and its 200 day moving average is $52.83.

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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