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25 February
Insiders Buy the Holdings of KRE ETF

A look at the weighted underlying holdings of the SPDR S&P Regional Banking ETF (KRE) shows an impressive 13.9% of holdings on a weighted basis have experienced insider buying within the past six months.

The Bancorp Inc (Symbol: TBBK), which makes up 1.59% of the SPDR S&P Regional Banking ETF (KRE), has seen 7 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $46,593,181 worth of TBBK, making it the #26 largest holding. The table below details the recent insider buying activity observed at TBBK:

TBBK — last trade: $49.72 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
01/31/2024 Daniela Mielke Director 3,315 $45.13 $149,606
01/31/2024 Matthew Cohn Director 2,288 $45.16 $103,318
02/02/2024 Matthew Cohn Director 9,880 $42.58 $420,687
02/05/2024 Matthew Cohn Director 1,643 $42.12 $69,207
03/12/2024 Stephanie B. Mudick Director 2,000 $37.11 $74,222
03/12/2024 Matthew Cohn Director 2,082 $36.61 $76,226
03/15/2024 Matthew Cohn Director 2,485 $34.21 $85,000
05/01/2024 Mark Leo Connolly EVP and Head of Credit Markets 20,000 $31.07 $621,308
05/01/2024 Matthew Cohn Director 1,230 $30.25 $37,208
05/03/2024 James J. McEntee III Director 2,000 $32.61 $65,227
05/03/2024 Matthew Cohn Director 3,453 $31.77 $109,696
05/06/2024 William H. Lamb Director 3,051 $32.03 $97,724
05/07/2024 Hersh Kozlov Director 1,000 $32.53 $32,530
05/07/2024 William H. Lamb Director 1,000 $32.45 $32,445

And Northwest Bancshares, Inc. (Symbol: NWBI), the #67 largest holding among components of the SPDR S&P Regional Banking ETF (KRE), shows 4 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $14,028,114 worth of NWBI, which represents approximately 0.48% of the ETF's total assets at last check. The recent insider buying activity observed at NWBI is detailed in the table below:

NWBI — last trade: $13.32 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
01/24/2024 Scott J. Watson EVP, Chief Information Officer 5,000 $12.90 $64,512
05/02/2024 Louis J. Torchio President & CEO 2,295 $10.87 $24,945
05/16/2024 Timothy M. Hunter Director 10,000 $11.30 $113,000
06/05/2024 Mark A. Paup Director 12,000 $10.68 $128,166
Also see:

SOP Historical Stock Prices
MTH Dividend Growth Rate
APDN shares outstanding history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.