Reynders McVeigh Capital Management LLC Has $1.47 Million Holdings in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Reynders McVeigh Capital Management LLC cut its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 9.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,845 shares of the exchange traded fund’s stock after selling 2,650 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $1,467,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Welch Group LLC acquired a new stake in SPDR S&P Regional Banking ETF during the second quarter worth about $100,000. MCF Advisors LLC acquired a new stake in SPDR S&P Regional Banking ETF during the third quarter worth about $119,000. Bronfman E.L. Rothschild L.P. grew its stake in SPDR S&P Regional Banking ETF by 83.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,203 shares of the exchange traded fund’s stock worth $121,000 after buying an additional 1,000 shares in the last quarter. Synovus Financial Corp grew its stake in SPDR S&P Regional Banking ETF by 187.5% during the second quarter. Synovus Financial Corp now owns 2,608 shares of the exchange traded fund’s stock worth $143,000 after buying an additional 1,701 shares in the last quarter. Finally, Jacobi Capital Management LLC grew its stake in SPDR S&P Regional Banking ETF by 11.5% during the second quarter. Jacobi Capital Management LLC now owns 3,025 shares of the exchange traded fund’s stock worth $168,000 after buying an additional 311 shares in the last quarter.

SPDR S&P Regional Banking ETF (NYSEARCA:KRE) traded up $0.02 during trading hours on Wednesday, reaching $59.21. 10,535,101 shares of the company traded hands, compared to its average volume of 6,774,811. SPDR S&P Regional Banking ETF has a twelve month low of $49.31 and a twelve 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.

Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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