SPDR S&P Regional Banking ETF Registered $-198.30M Redemptions Amid -4.28% AUM Decrease

February 14, 2018 - By Richard Conner

 SPDR S&P Regional Banking ETF Registered $ 198.30M Redemptions Amid  4.28% AUM Decrease

Today were reported SPDR S&P Regional Banking ETF (NYSEARCA:KRE)‘s daily net flows. The ETF registered $-198.30M asset outflows for -4.28% decrease, reaching $4434.85M after yestarday’s trading session. The chart of SPDR S&P 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 0.35% or $0.21 during the last trading session, reaching $60.74. About 3.90 million shares traded. SPDR S&P Regional Banking ETF (NYSEARCA:KRE) has risen 31.46% since February 14, 2017 and is uptrending. It has outperformed by 14.76% the S&P500.

The ETF’s YTD performance is 0%, the 1 year is 0% and the 3 year is 0%.

SPDR S&P 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.

More important recent SPDR S&P Regional Banking ETF (NYSEARCA:KRE) news were published by: Investorplace.com which released: “How to Score Holiday Cash With the SPDR KBW Regional Banking (ETF)” on December 07, 2017, also Barrons.com published article titled: “Financials Can Benefit From Good Economy, but Not When Market Tanks”, Marketwatch.com published: “SPDR S&P Regional Banking ETF” on December 02, 2009. More interesting news about SPDR S&P Regional Banking ETF (NYSEARCA:KRE) was released by: Fool.com and their article: “The 5 Top Bank ETFs” with publication date: July 06, 2017.

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