ETF Report: SPDR KBW Regional Banking (ETF) Recorded $-79.29M Redemptions Following -4.28% AUM Decrease


ETF Report: SPDR KBW Regional Banking (ETF) Recorded $ 79.29M Redemptions Following  4.28% AUM Decrease

Today were reported SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE)‘s daily net flows. The ETF registered $-79.29M asset outflows for -4.28% decrease, reaching $1772.40M after yestarday’s trading session. The chart of SPDR KBW Regional Banking (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.50% or $0.21 on October 14, hitting $42. SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE) has risen 9.63% since March 14, 2016 and is uptrending. It has outperformed by 4.02% the S&P500.

The ETF’s YTD performance is 2.28%, the 1 year is 4.71% and the 3 year is 7.71%.

The ETF’s average P/E ratio is 14.62, the price to book is 1.13, the price to sales is 3.31 and the price to cashflow is 11.26. SPDR KBW Regional Banking (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Fifth Third Bancorp for 4.50% of assets, SunTrust Banks Inc. Common Sto for 4.42%, Regions Financial Corporation C for 4.40%, PNC Financial Services Group I for 4.39%, Huntington Bancshares Incorpora for 4.38%, Citizens Financial Group Inc. for 4.36%, KeyCorp Common Stock for 4.35%, M&T Bank Corporation Common Sto for 4.34%, BB&T Corporation Common Stock for 4.32%, Zions Bancorporation for 4.02%. The ETF sector weights are: Financial Services 100.00%. The ETF currently as 0% yield.

More notable recent SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE) news were published by: which released: “Guess What? It’s Time For Bank ETFs” on December 15, 2015, also with their article: “This Regional Banking ETF is Seeing Big Inflows This Week” published on September 15, 2016, published: “3 Regional Banks to Bank On” on September 02, 2016. More interesting news about SPDR KBW Regional Banking (ETF) (NYSEARCA:KRE) were released by: and their article: “Here We Go Again: Some Traders Are Betting On A Regional Bank ETF” published on September 15, 2016 as well as‘s news article titled: “ProShares Launches Inverse, Leveraged Regional Bank ETFs” with publication date: April 22, 2010.

KRE Company Profile

SPDR KBW Regional Banking ETF (the Fund), formerly KBW Regional Banking ETF, is a non-diversified investment company. The Fund seeks to replicate as closely as possible the performance of the KBW Regional Banking Index (the Index). The Fund has entered into an investment advisory agreement with SSgA Funds Management, Inc.

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