S&P Futures
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SPDR S&P Bank ETF (KBE)
| Previous Close | 54.62 |
| Open | 54.74 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 800 |
| Day's Range | 54.03 - 55.08 |
| 52 Week Range | 24.78 - 56.50 |
| Volume | 1,747,388 |
| Avg. Volume | 3,325,446 |
| Net Assets | 4.13B |
| NAV | 54.59 |
| PE Ratio (TTM) | N/A |
| Yield | 2.20% |
| YTD Daily Total Return | 29.89% |
| Beta (5Y Monthly) | 1.54 |
| Expense Ratio (net) | 0.35% |
| Inception Date | 2005-11-08 |
- Barrons.com
Banks Are Drowning in Cash. Why That’s a Problem.
Unfortunately, relatively few companies are looking for loans these days, meaning that the banks are sitting on a pile of excess cash with nowhere to go—except to drag down returns, chief investment strategist of Yardeni Research, wrote Thursday. Deposits at commercial banks are up 17.5% year-over-year, standing at $16.8 trillion, he found. Cash holdings have more than doubled since the beginning of 2020, Yardeni wrote, up to $3.8 trillion compared with $1.7 trillion.
- MarketWatch
ETF Wrap: A risky Tesla three-way and a family affair
ETF Wrap is a briefing of what investors need to know about the exchange-traded fund sector, including exclusive commentary and interviews on the industry from MarketWatch
- Yahoo Finance Video
ETFs that stand to climb under a Biden administration
Yahoo Finance’s Alexis Christoforous and Cinthia Murphy, Managing Editor of ETF.com, discuss ETFs to watch in 2021.
