DE Burlo Group Inc. Grows Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

DE Burlo Group Inc. grew its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 46.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 294,800 shares of the exchange traded fund’s stock after buying an additional 93,800 shares during the period. SPDR S&P Regional Banking ETF accounts for 2.4% of DE Burlo Group Inc.’s investment portfolio, making the stock its 20th largest position. DE Burlo Group Inc. owned about 0.55% of SPDR S&P Regional Banking ETF worth $17,791,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gries Financial LLC bought a new stake in SPDR S&P Regional Banking ETF during the 4th quarter valued at $641,000. Truist Financial Corp lifted its holdings in SPDR S&P Regional Banking ETF by 2.0% during the 4th quarter. Truist Financial Corp now owns 187,948 shares of the exchange traded fund’s stock worth $11,343,000 after purchasing an additional 3,762 shares in the last quarter. Empowered Funds LLC purchased a new stake in SPDR S&P Regional Banking ETF during the 4th quarter worth about $1,550,000. Jones Financial Companies Lllp boosted its stake in SPDR S&P Regional Banking ETF by 192.2% in the 4th quarter. Jones Financial Companies Lllp now owns 15,371 shares of the exchange traded fund’s stock worth $928,000 after purchasing an additional 10,110 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its holdings in SPDR S&P Regional Banking ETF by 25.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 11,096 shares of the exchange traded fund’s stock valued at $670,000 after buying an additional 2,251 shares in the last quarter.

SPDR S&P Regional Banking ETF Trading Down 0.9 %

Shares of SPDR S&P Regional Banking ETF stock opened at $53.95 on Friday. The company’s 50-day moving average price is $55.69 and its 200-day moving average price is $60.31. SPDR S&P Regional Banking ETF has a 12-month low of $45.76 and a 12-month high of $70.25. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 11.38 and a beta of 0.93.

SPDR S&P Regional Banking ETF 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.