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$5.02 billion
Average Daily Volume$5.11 million
Discount/Premium0.49%
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 Monday, June 18th. Shareholders of record on Monday, June 18th will be given a dividend of $0.2419 per share on Wednesday, June 20th. This represents a $0.97 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Friday, June 15th. This is an increase from SPDR S&P Regional Banking ETF's previous quarterly dividend of $0.20. View SPDR S&P Regional Banking ETF's Dividend History.
Are investors shorting SPDR S&P Regional Banking ETF?
SPDR S&P Regional Banking ETF saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 22,616,757 shares, a decline of 14.9% from the July 13th total of 26,568,748 shares. Based on an average daily volume of 6,459,784 shares, the days-to-cover ratio is presently 3.5 days. View SPDR S&P Regional Banking ETF's Current Options Chain.
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
Has SPDR S&P Regional Banking ETF been receiving favorable news coverage?
Press coverage about KRE stock has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SPDR S&P Regional Banking ETF earned a news impact score of 0.18 on Accern's scale. They also gave headlines about the exchange traded fund an impact score of 44.42 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for SPDR S&P Regional Banking ETF.
Who are SPDR S&P Regional Banking ETF's major shareholders?
SPDR S&P Regional Banking ETF's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Morgan Stanley (6.21%), Wells Fargo & Company MN (2.21%), Cornerstone Wealth Management LLC (1.54%), Bank of Nova Scotia (1.15%), Gendell Jeffrey L (1.13%) and PNC Financial Services Group Inc. (1.05%).
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 Nokota Management LP, Morgan Stanley, Bank of Nova Scotia, SeaTown Holdings Pte. Ltd., Mather Group LLC., CIBC World Markets Inc., Bank of Montreal Can and Consolidated Investment Group LLC.
Which institutional investors are buying SPDR S&P Regional Banking ETF stock?
KRE stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Wells Fargo & Company MN, Sand Hill Global Advisors LLC, Gendell Jeffrey L, Harel Insurance Investments & Financial Services Ltd., Heritage Wealth Advisors, Castleark Management LLC and Raymond James Financial Services Advisors Inc..
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 $63.43.
How big of a company is SPDR S&P Regional Banking ETF?
SPDR S&P Regional Banking ETF has a market capitalization of $5.34 billion.
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.
