Citizens Financial Group Inc. RI Has $668,000 Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Citizens Financial Group Inc. RI lessened its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 41.0% in the fourth quarter, Holdings Channel reports. The firm owned 11,066 shares of the exchange traded fund’s stock after selling 7,677 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in SPDR S&P Regional Banking ETF were worth $668,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of KRE. EP Wealth Advisors LLC raised its stake in SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after acquiring an additional 427,473 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth about $21,759,000. Holocene Advisors LP raised its stake in SPDR S&P Regional Banking ETF by 142.6% during the third quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock worth $29,963,000 after acquiring an additional 311,147 shares in the last quarter. DAVENPORT & Co LLC acquired a new position in SPDR S&P Regional Banking ETF during the fourth quarter worth about $14,868,000. Finally, Quadrature Capital Ltd acquired a new position in SPDR S&P Regional Banking ETF during the third quarter worth about $13,938,000.

SPDR S&P Regional Banking ETF Trading Up 1.2 %

Shares of NYSEARCA KRE opened at $55.75 on Thursday. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11. SPDR S&P Regional Banking ETF has a 12 month low of $45.46 and a 12 month high of $70.25. The stock has a 50-day moving average price of $61.88 and a two-hundred day moving average price of $60.98.

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.