The SPDR S&P Bank ETF (KBE) experienced a significant outflow of approximately $151.8 million, representing a 7.8% decrease in shares outstanding from 27,452,118 to 25,302,118 week-over-week. The report was noted on [date of report].
Among KBE’s largest components, Corebridge Financial Inc (CRBG) saw a slight increase of 0.2%, Equitable Holdings Inc (EQH) rose by 0.6%, and The Bancorp Inc (TBBK) increased by 1.4% during trading today. The ETF’s share price currently stands at $70.31, within a 52-week range of $54.64 to $71.92.
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