Terril Brothers Inc. lifted its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE – Free Report) by 82.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 324,660 shares of the exchange traded fund’s stock after acquiring an additional 146,760 shares during the period. SPDR S&P Regional Banking ETF accounts for approximately 5.9% of Terril Brothers Inc.’s portfolio, making the stock its 6th biggest position. Terril Brothers Inc. owned about 0.61% of SPDR S&P Regional Banking ETF worth $19,593,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of KRE. Gries Financial LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $641,000. Truist Financial Corp increased its position in shares of 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 during the last quarter. Empowered Funds LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the 4th quarter worth about $1,550,000. Wealthcare Advisory Partners LLC increased its position in shares of 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 worth $670,000 after purchasing an additional 2,251 shares during the last quarter. Finally, CENTRAL TRUST Co increased its position in shares of SPDR S&P Regional Banking ETF by 28.6% during the 4th quarter. CENTRAL TRUST Co now owns 1,923 shares of the exchange traded fund’s stock worth $116,000 after purchasing an additional 428 shares during the last quarter.
SPDR S&P Regional Banking ETF Trading Up 1.3 %
Shares of NYSEARCA:KRE opened at $62.07 on Friday. The business has a 50-day moving average price of $62.27 and a 200 day moving average price of $60.67. The company has a market capitalization of $4.74 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.
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.
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