SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Shares Purchased by US Bancorp DE

US Bancorp DE grew its holdings in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 33.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,132 shares of the exchange traded fund’s stock after purchasing an additional 3,265 shares during the period. US Bancorp DE’s holdings in SPDR S&P Regional Banking ETF were worth $793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KRE. Terril Brothers Inc. lifted its stake in SPDR S&P Regional Banking ETF by 82.5% in the 4th quarter. Terril Brothers Inc. now owns 324,660 shares of the exchange traded fund’s stock valued at $19,593,000 after buying an additional 146,760 shares in the last quarter. First American Bank increased its holdings in SPDR S&P Regional Banking ETF by 95.8% in the 4th quarter. First American Bank now owns 49,442 shares of the exchange traded fund’s stock valued at $2,984,000 after purchasing an additional 24,196 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in SPDR S&P Regional Banking ETF by 4.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 103,908 shares of the exchange traded fund’s stock valued at $6,271,000 after purchasing an additional 4,686 shares in the last quarter. New York Life Investment Management LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF during the fourth quarter valued at about $4,182,000. Finally, Lingotto Investment Management LLP bought a new position in shares of SPDR S&P Regional Banking ETF during the fourth quarter worth about $9,596,000.

SPDR S&P Regional Banking ETF Stock Performance

Shares of KRE stock opened at $55.41 on Tuesday. The company’s 50-day simple moving average is $62.09 and its 200-day simple moving average is $60.99. SPDR S&P Regional Banking ETF has a one year low of $45.46 and a one year high of $70.25. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 13.97 and a beta of 1.11.

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.