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

DE Burlo Group Inc. bought a new stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 201,000 shares of the exchange traded fund’s stock, valued at approximately $11,377,000. SPDR S&P Regional Banking ETF comprises about 1.4% of DE Burlo Group Inc.’s investment portfolio, making the stock its 25th biggest holding. DE Burlo Group Inc. owned approximately 0.38% of SPDR S&P Regional Banking ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC boosted its stake in SPDR S&P Regional Banking ETF by 12.5% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 1,920 shares of the exchange traded fund’s stock worth $97,000 after purchasing an additional 214 shares during the period. Farther Finance Advisors LLC boosted its stake in SPDR S&P Regional Banking ETF by 4.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,641 shares of the exchange traded fund’s stock worth $276,000 after purchasing an additional 251 shares during the period. SPC Financial Inc. boosted its stake in SPDR S&P Regional Banking ETF by 2.5% in the 3rd quarter. SPC Financial Inc. now owns 12,500 shares of the exchange traded fund’s stock worth $708,000 after purchasing an additional 300 shares during the period. Robinson Value Management Ltd. boosted its stake in SPDR S&P Regional Banking ETF by 1.3% in the 3rd quarter. Robinson Value Management Ltd. now owns 24,718 shares of the exchange traded fund’s stock worth $1,399,000 after purchasing an additional 323 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its stake in SPDR S&P Regional Banking ETF by 2.3% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 18,619 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 427 shares during the period.

SPDR S&P Regional Banking ETF Stock Down 0.3 %

Shares of NYSEARCA KRE opened at $65.15 on Thursday. SPDR S&P Regional Banking ETF has a 52 week low of $43.51 and a 52 week high of $67.96. The business has a 50-day simple moving average of $59.26 and a two-hundred day simple moving average of $54.46. The company has a market cap of $3.48 billion, a P/E ratio of 8.36 and a beta of 1.56.

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.