SPDR S&P Regional Banking ETF Sees Significant Fund Withdrawal

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The SPDR S&P Regional Banking ETF (KRE) has reported a week-over-week outflow of approximately $136.7 million, indicating a 4.4% decrease in shares outstanding, from 56,002,585 to 53,552,585. This data was recorded recently, reflecting significant shifts in investor sentiment.

Among KRE’s largest holdings, Huntington Bancshares Inc (HBAN) increased by 1.6%, East West Bancorp, Inc (EWBC) rose by 2.2%, and First Horizon Corp (FHN) saw a gain of 1.5%. KRE’s current share price is $56.59, with a 52-week low of $46.47 and a high of $70.25.

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