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 Indust TR USD
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$4.45 billion
Average Daily Volume$8.20 million
Discount/Premium1.17%
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 announced a quarterly dividend on Friday, December 21st. Shareholders of record on Monday, December 24th will be given a dividend of $0.3187 per share on Thursday, December 27th. This represents a $1.27 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Friday, December 21st. This is a boost from SPDR S&P Regional Banking ETF's previous quarterly dividend of $0.29. View SPDR S&P Regional Banking ETF's Dividend History.
Has SPDR S&P Regional Banking ETF been receiving favorable news coverage?
Media coverage about KRE stock has trended neutral this week, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SPDR S&P Regional Banking ETF earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
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 shareholders include Bayview Asset Management LLC (1.54%), Two Sigma Advisers LP (1.11%), Duality Advisers LP (1.07%), LPL Financial LLC (0.98%), PNC Financial Services Group Inc. (0.78%) and PL Capital Advisors LLC (0.53%).
Which institutional 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 Main Management LLC, Aviance Capital Management LLC, Edmond DE Rothschild Holding S.A., PNC Financial Services Group Inc., LPL Financial LLC, Fiera Capital Corp, Gendell Jeffrey L and BB&T Securities LLC.
Which institutional investors are buying SPDR S&P Regional Banking ETF stock?
KRE stock was purchased by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, Duality Advisers LP, PL Capital Advisors LLC, Innealta Capital LLC, Weiss Multi Strategy Advisers LLC, Bank of Montreal Can, Simplex Trading LLC and Parkside Investments 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, Scottrade, 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 $56.04.
How big of a company is SPDR S&P Regional Banking ETF?
SPDR S&P Regional Banking ETF has a market capitalization of $2.83 billion.
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.
