Toronto Dominion Bank Sells 848,500 Shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Toronto Dominion Bank lowered its stake in SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 76.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 255,000 shares of the exchange traded fund’s stock after selling 848,500 shares during the quarter. Toronto Dominion Bank owned approximately 0.48% of SPDR S&P Regional Banking ETF worth $12,821,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of KRE. Transcendent Capital Group LLC bought a new stake in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $26,000. Founders Financial Alliance LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the 4th quarter valued at $52,000. Vestor Capital LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $54,000. ICA Group Wealth Management LLC acquired a new stake in SPDR S&P Regional Banking ETF in the fourth quarter valued at $59,000. Finally, Woodmont Investment Counsel LLC acquired a new stake in SPDR S&P Regional Banking ETF in the first quarter valued at $63,000.

SPDR S&P Regional Banking ETF Price Performance

Shares of KRE stock traded up $1.01 on Friday, reaching $59.23. 18,713,208 shares of the company were exchanged, compared to its average volume of 14,544,030. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 8.36 and a beta of 1.56. The company has a 50-day moving average of $49.90 and a 200-day moving average of $49.29. SPDR S&P Regional Banking ETF has a one year low of $37.66 and a one year high of $59.41.

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.