The SPDR S&P Regional Banking ETF (KRE) experienced a significant week-over-week outflow of approximately $164.6 million, marking a 3.1% decrease in shares outstanding from 76.85 million to 74.5 million. This decline occurred as of the end of the last trading week.
In trading activity, People’s United Financial Inc. (PBCT) reported a gain of about 2.5%, while East West Bancorp, Inc. (EWBC) and Signature Bank (SBNY) both saw declines of about 4.3%. Currently, KRE is priced at $69.00, situated between its 52-week low of $59.30 and high of $78.81.
