Bremer Trust National Association Lowers Position in SPDR KBW Regional Banking (KRE)

Bremer Trust National Association lowered its position in SPDR KBW Regional Banking (NYSEARCA:KRE) by 12.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,182 shares of the exchange traded fund’s stock after selling 2,549 shares during the period. Bremer Trust National Association’s holdings in SPDR KBW Regional Banking were worth $1,012,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of SPDR KBW Regional Banking in the 4th quarter worth approximately $3,218,000. Simplex Trading LLC acquired a new stake in shares of SPDR KBW Regional Banking in the 4th quarter worth approximately $1,117,000. Cumberland Advisors Inc. grew its holdings in shares of SPDR KBW Regional Banking by 4.8% in the 4th quarter. Cumberland Advisors Inc. now owns 102,380 shares of the exchange traded fund’s stock worth $6,025,000 after acquiring an additional 4,670 shares during the period. XR Securities LLC acquired a new stake in shares of SPDR KBW Regional Banking in the 4th quarter worth approximately $675,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of SPDR KBW Regional Banking in the 3rd quarter worth approximately $212,000.

Shares of SPDR KBW Regional Banking (NYSEARCA KRE) opened at $62.61 on Friday. SPDR KBW Regional Banking has a fifty-two week low of $49.31 and a fifty-two week high of $62.81. The firm has a market capitalization of $4,670.00 and a P/E ratio of -86.96.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a $0.2463 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.99 dividend on an annualized basis and a yield of 1.57%. This is a positive change from SPDR KBW Regional Banking’s previous quarterly dividend of $0.21. SPDR KBW Regional Banking’s dividend payout ratio is presently -115.28%.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.com-unik.info/2018/01/13/bremer-trust-national-association-lowers-position-in-spdr-kbw-regional-banking-kre.html.

SPDR KBW Regional Banking Company 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 (NYSEARCA:KRE).

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

What are top analysts saying about SPDR KBW Regional Banking? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SPDR KBW Regional Banking and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit