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The State Street SPDR S&P Regional Banking ETF (KRE) experienced significant outflows of approximately $320.3 million, equating to a 10.2% decrease in shares outstanding week over week, dropping from 51,002,585 to 45,802,585 units.
As of the last trade, KRE’s share price stood at $61.37, within a 52-week range of $47.06 to $70.25. Notably, during today’s trading, Cadence Bank (CADE) increased by 0.1%, Columbia Banking System Inc (COLB) rose by 0.3%, while Truist Financial Corp (TFC) saw a decline of 0.2%.
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