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. As of October 27, 2011, its sector allocation included regional banks. SSgA Funds Management, Inc.(SSgA FM) serves as the investment adviser it.
Basic Details
Issuer SSgA
Fund NameSPDR S&P Regional Banking ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:KRE
Inception Date6/19/2006
Fund ManagerMichael Feehily, Karl Schneider, Payal Gupta
Phone+1-617-6223909
Fund Focus
Asset ClassEquity
BenchmarkS&P Regional Banks Select Industry Index
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.52 billion
Average Daily Volume$7.07 million
Discount/Premium0.00%
ETF Expenses
Management Fee0.35%
Other Expenses0.00%
Total Expenses0.35%
Fee Waiver0.00%
Net Expenses0.35%
Administrator, Advisor and Custodian
AdministratorSSGA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial
SPDR S&P Regional Banking ETF (NYSEARCA:KRE) Frequently Asked Questions
What is SPDR S&P Regional Banking ETF's stock symbol?
SPDR S&P Regional Banking ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "KRE."
How often does SPDR S&P Regional Banking ETF pay dividends? What is the dividend yield for SPDR S&P Regional Banking ETF?
SPDR S&P Regional Banking ETF declared a quarterly dividend on Friday, December 20th. Investors of record on Monday, December 23rd will be given a dividend of $0.3648 per share on Thursday, December 26th. This represents a $1.46 annualized dividend and a yield of 2.81%. The ex-dividend date is Friday, December 20th. This is a boost from SPDR S&P Regional Banking ETF's previous quarterly dividend of $0.26. View SPDR S&P Regional Banking ETF's Dividend History.
Has SPDR S&P Regional Banking ETF been receiving favorable news coverage?
News articles about KRE stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SPDR S&P Regional Banking ETF earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media headlines about the exchange traded fund a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for SPDR S&P Regional Banking ETF.
What other stocks do shareholders of SPDR S&P Regional Banking ETF own?
Who are SPDR S&P Regional Banking ETF's key executives?
SPDR S&P Regional Banking ETF's management team includes the folowing people:
- James E. Ross, President, Trustee (Age 52)
- Peter A. Ambrosini, Chief Compliance Officer (Age 69)
- Michael P. Riley, Vice President (Age 44)
- Gary L. French, Treasurer (Age 64)
- John W. Clark, Assistant Treasurer (Age 46)
- Matthew W. Flaherty, Assistant Treasurer (Age 42)
- Chad C. Hallett, Assistant Treasurer of Street tracks series trust (Age 47)
- Mary Moran Zeven, Secretary (Age 52)
- Scott M. Zoltowski, Assistant Secretary (Age 44)
- Dave Kelly, Independent Trustee
Who are SPDR S&P Regional Banking ETF's major shareholders?
SPDR S&P Regional Banking ETF's stock is owned by many different of institutional and retail investors. Top institutional investors include Tocqueville Asset Management L.P. (0.95%), SG Americas Securities LLC (0.81%), Rockefeller Capital Management L.P. (0.63%), Goodman Financial Corp (0.57%), CIBC World Markets Inc. (0.50%) and SeaTown Holdings Pte. Ltd. (0.55%).
Which major investors are selling SPDR S&P Regional Banking ETF stock?
KRE stock was sold by a variety of institutional investors in the last quarter, including Duality Advisers LP, Enterprise Financial Services Corp, PNC Financial Services Group Inc., Waratah Capital Advisors Ltd., Tower Research Capital LLC TRC, Stifel Financial Corp, Cullen Frost Bankers Inc. and Advisor Group Inc..
Which major investors are buying SPDR S&P Regional Banking ETF stock?
KRE stock was bought by a variety of institutional investors in the last quarter, including Schonfeld Strategic Advisors LLC, SeaTown Holdings Pte. Ltd., K.J. Harrison & Partners Inc, Simplex Trading LLC, Goodman Financial Corp, Watchman Group Inc., Montag A & Associates Inc. and Transcend Wealth Collective LLC.
How do I buy shares of SPDR S&P Regional Banking ETF?
Shares of KRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is SPDR S&P Regional Banking ETF's stock price today?
One share of KRE stock can currently be purchased for approximately $51.85.
How big of a company is SPDR S&P Regional Banking ETF?
What is SPDR S&P Regional Banking ETF's official website?
How can I contact SPDR S&P Regional Banking ETF?
SPDR S&P Regional Banking ETF's mailing address is One Lincoln Street/LCC 6, Boston, 02111, United States. The exchange traded fund can be reached via phone at +1-617-6223909.
MarketBeat Community Rating for SPDR S&P Regional Banking ETF (NYSEARCA KRE)
MarketBeat's community ratings are surveys of what our community members think about SPDR S&P Regional Banking ETF and other stocks. Vote "Outperform" if you believe KRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
