Oak Harvest Investment Services Purchases 61,088 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Oak Harvest Investment Services grew its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 57.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,618 shares of the exchange traded fund’s stock after acquiring an additional 61,088 shares during the quarter. SPDR S&P Regional Banking ETF comprises 1.4% of Oak Harvest Investment Services’ holdings, making the stock its 19th largest holding. Oak Harvest Investment Services owned 0.31% of SPDR S&P Regional Banking ETF worth $10,055,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. EP Wealth Advisors LLC raised its holdings in SPDR S&P Regional Banking ETF by 1,910.8% during the third quarter. EP Wealth Advisors LLC now owns 449,844 shares of the exchange traded fund’s stock worth $25,461,000 after buying an additional 427,473 shares during the last quarter. SMI Advisory Services LLC acquired a new stake in shares of SPDR S&P Regional Banking ETF in the 3rd quarter worth about $20,777,000. Holocene Advisors LP lifted its position in SPDR S&P Regional Banking ETF by 142.6% in the 3rd quarter. Holocene Advisors LP now owns 529,379 shares of the exchange traded fund’s stock valued at $29,963,000 after acquiring an additional 311,147 shares in the last quarter. Parcion Private Wealth LLC acquired a new position in SPDR S&P Regional Banking ETF during the 3rd quarter valued at about $14,189,000. Finally, Quadrature Capital Ltd bought a new stake in SPDR S&P Regional Banking ETF during the 3rd quarter worth approximately $13,938,000.

SPDR S&P Regional Banking ETF Stock Up 1.1 %

KRE stock opened at $64.32 on Friday. The firm has a market capitalization of $3.43 billion, a PE ratio of 8.36 and a beta of 1.56. The stock’s 50 day moving average is $63.26 and its 200-day moving average is $59.60. SPDR S&P Regional Banking ETF has a twelve month low of $45.46 and a twelve 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.