SPDR S&P Regional Banking ETF Sees Significant Inflows This Week

Examining recent changes in ETF shares outstanding, the SPDR S&P Regional Banking ETF (Symbol: KRE) stands out with an inflow of approximately $229.3 million. This marks a 7.6% week-over-week increase in outstanding units, rising from 56,152,585 to 60,402,585.

Top Performing Components of KRE

Several key holdings within KRE have shown positive performance today. Huntington Bancshares Inc (Symbol: HBAN) is up about 1.2%, M&T Bank Corp (Symbol: MTB) has increased by about 0.5%, and Regions Financial Corp (Symbol: RF) is up roughly 0.7%. For a comprehensive list of KRE’s holdings, visit the KRE Holdings page.

KRE’s Price Performance and Moving Average

The chart below illustrates KRE’s one-year price performance compared to its 200-day moving average.

KRE’s 52-week low is $45.76 per share, while its high is $70.25. The latest trade closed at $54.17. Analyzing the recent share price in relation to the 200-day moving average is a useful technical analysis method.

Understanding ETF Unit Dynamics

Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” rather than “shares.” These units can be traded back and forth like stocks and adjusted based on investor demand. Each week, we monitor the week-over-week changes in ETF shares outstanding to identify those that experience significant inflows or outflows. The creation of new units requires purchasing the underlying holdings, while the destruction of units involves selling them. Consequently, large inflows or outflows can impact individual components held within ETFs.

For further insights into ETFs with notable inflows, click here.

Also see:

• Diagnostics Dividend Stocks
• FFIV Price Target
• EXE Next Dividend Date

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.