Ameriprise Financial Inc. Sells 29,802 Shares of SPDR KBW Regional Banking (KRE)

Ameriprise Financial Inc. cut its stake in shares of SPDR KBW Regional Banking (NYSE:KRE) by 12.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,584 shares of the exchange traded fund’s stock after selling 29,802 shares during the quarter. Ameriprise Financial Inc.’s holdings in SPDR KBW Regional Banking were worth $11,463,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allegis Investment Advisors LLC lifted its holdings in SPDR KBW Regional Banking by 0.6% during the 2nd quarter. Allegis Investment Advisors LLC now owns 4,272 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 26 shares during the period. Wellington Shields Capital Management LLC lifted its holdings in SPDR KBW Regional Banking by 0.4% during the 2nd quarter. Wellington Shields Capital Management LLC now owns 12,020 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 50 shares during the period. National Planning Corp lifted its holdings in SPDR KBW Regional Banking by 0.8% during the 2nd quarter. National Planning Corp now owns 9,160 shares of the exchange traded fund’s stock worth $514,000 after buying an additional 75 shares during the period. Associated Banc Corp lifted its holdings in SPDR KBW Regional Banking by 1.6% during the 2nd quarter. Associated Banc Corp now owns 14,424 shares of the exchange traded fund’s stock worth $793,000 after buying an additional 225 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in SPDR KBW Regional Banking by 2.6% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 9,649 shares of the exchange traded fund’s stock worth $530,000 after buying an additional 249 shares during the period.

SPDR KBW Regional Banking (NYSE KRE) opened at 56.65 on Tuesday. The firm’s 50-day moving average price is $53.53 and its 200 day moving average price is $53.89. SPDR KBW Regional Banking has a one year low of $41.36 and a one year high of $59.68.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were given a dividend of $0.2062 per share. This represents a $0.82 annualized dividend and a yield of 1.46%. This is a positive change from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, September 15th.

ILLEGAL ACTIVITY WARNING: “Ameriprise Financial Inc. Sells 29,802 Shares of SPDR KBW Regional Banking (KRE)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be acc

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allegis Investment Advisors LLC lifted its holdings in SPDR KBW Regional Banking by 0.6% during the 2nd quarter. Allegis Investment Advisors LLC now owns 4,272 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 26 shares during the period. Wellington Shields Capital Management LLC lifted its holdings in SPDR KBW Regional Banking by 0.4% during the 2nd quarter. Wellington Shields Capital Management LLC now owns 12,020 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 50 shares during the period. National Planning Corp lifted its holdings in SPDR KBW Regional Banking by 0.8% during the 2nd quarter. National Planning Corp now owns 9,160 shares of the exchange traded fund’s stock worth $514,000 after buying an additional 75 shares during the period. Associated Banc Corp lifted its holdings in SPDR KBW Regional Banking by 1.6% during the 2nd quarter. Associated Banc Corp now owns 14,424 shares of the exchange traded fund’s stock worth $793,000 after buying an additional 225 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in SPDR KBW Regional Banking by 2.6% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 9,649 shares of the exchange traded fund’s stock worth $530,000 after buying an additional 249 shares during the period.

SPDR KBW Regional Banking (NYSE KRE) opened at 56.65 on Tuesday. The firm’s 50-day moving average price is $53.53 and its 200 day moving average price is $53.89. SPDR KBW Regional Banking has a one year low of $41.36 and a one year high of $59.68.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were given a dividend of $0.2062 per share. This represents a $0.82 annualized dividend and a yield of 1.46%. This is a positive change from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, September 15th.

ILLEGAL ACTIVITY WARNING: “Ameriprise Financial Inc. Sells 29,802 Shares of SPDR KBW Regional Banking (KRE)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/10/ameriprise-financial-inc-sells-29802-shares-of-spdr-kbw-regional-banking-kre.html.

SPDR KBW Regional Banking 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.

Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR KBW Regional Banking (NYSE:KRE).

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

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