Toronto Dominion Bank Lowers Stock Position in SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

Toronto Dominion Bank lessened its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 76.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 255,000 shares of the exchange traded fund’s stock after selling 848,500 shares during the quarter. Toronto Dominion Bank’s holdings in SPDR S&P Regional Banking ETF were worth $12,821,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in shares of SPDR S&P Regional Banking ETF by 219.5% in the fourth quarter. Allworth Financial LP now owns 1,310 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 900 shares during the period. Valeo Financial Advisors LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 5.2% in the fourth quarter. Valeo Financial Advisors LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 456 shares during the period. International Assets Investment Management LLC boosted its stake in shares of SPDR S&P Regional Banking ETF by 3,228.6% in the fourth quarter. International Assets Investment Management LLC now owns 272,144 shares of the exchange traded fund’s stock valued at $14,269,000 after purchasing an additional 263,968 shares during the period. Symmetry Investments LP purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $13,658,000. Finally, Cibc World Markets Corp purchased a new position in shares of SPDR S&P Regional Banking ETF in the fourth quarter valued at approximately $5,662,000.

SPDR S&P Regional Banking ETF Stock Up 1.7 %

SPDR S&P Regional Banking ETF stock traded up $1.01 during trading on Friday, reaching $59.23. The stock had a trading volume of 18,713,208 shares, compared to its average volume of 14,544,030. SPDR S&P Regional Banking ETF has a 52-week low of $37.66 and a 52-week high of $59.41. The business has a 50 day moving average price of $49.90 and a 200 day moving average price of $49.29. The stock has a market cap of $3.16 billion, a PE ratio of 8.36 and a beta of 1.56.

SPDR S&P Regional Banking ETF 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.