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$4.02 billion
Average Daily Volume$9.16 million
Discount/Premium-2.87%
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, September 21st. Investors of record on Monday, September 24th will be given a dividend of $0.287 per share on Wednesday, September 26th. This represents a $1.15 annualized dividend and a yield of 2.29%. The ex-dividend date is Friday, September 21st. This is a positive change from SPDR S&P Regional Banking ETF's previous quarterly dividend of $0.24. View SPDR S&P Regional Banking ETF's Dividend History.
Has SPDR S&P Regional Banking ETF been receiving favorable news coverage?
News stories about KRE stock have trended somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SPDR S&P Regional Banking ETF earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the exchange traded fund a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.
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 a number of of institutional and retail investors. Top institutional investors include Morgan Stanley (9.85%), JPMorgan Chase & Co. (9.56%), Varma Mutual Pension Insurance Co (2.29%), Migdal Insurance & Financial Holdings Ltd. (1.51%), LPL Financial LLC (1.10%) and PNC Financial Services Group Inc. (0.94%).
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 Varma Mutual Pension Insurance Co, Cornerstone Wealth Management LLC, Aviance Capital Management LLC, PNC Financial Services Group Inc., Main Management LLC, Dixon Hubard Feinour & Brown Inc. VA, CIBC World Markets Inc. and Harel Insurance Investments & Financial Services Ltd..
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 JPMorgan Chase & Co., Morgan Stanley, Columbus Hill Capital Management L.P., Migdal Insurance & Financial Holdings Ltd., SeaTown Holdings Pte. Ltd., Capital Fund Management S.A., Benchmark Financial Wealth Advisors LLC and Edgemoor Investment 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 $50.20.
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.
