KRE - SPDR S&P Regional Banking ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
39.13
+0.58 (+1.50%)
As of 10:40AM EDT. Market open.
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Previous Close38.55
Open38.39
Bid39.24 x 1800
Ask39.25 x 900
Day's Range38.95 - 39.49
52 Week Range27.26 - 59.38
Volume2,206,535
Avg. Volume11,354,317
Net Assets1.21B
NAV38.54
PE Ratio (TTM)N/A
Yield3.58%
YTD Daily Total Return-33.01%
Beta (5Y Monthly)1.68
Expense Ratio (net)0.35%
Inception Date2006-06-19
  • Beaten Down Stocks Get Some Money
    Investor's Business Daily Video

    Beaten Down Stocks Get Some Money

    SPDR S&P Regional Bank shows the sector rotation going on the last couple days

  • MarketWatch

    Elmira Savings Bank slashes dividend, but implied yield is still over 5%

    Elmira Savings Bank said Wednesday it was lowering its quarterly dividend by 35%, to 15 cents a share from a previous payout of 23 cents a share. The new dividend will be payable June 12 to shareholders of record on June 5. "We made a difficult decision to reduce our cash dividend for the current quarter due to the uncertainty of the economic recovery," said Chief Executive Thomas Carr. The Elmira, New York-based savings bank's stock rose 7.4% in afternoon trading. Based on current stock prices, the new annual dividend rate would imply a dividend yield of 5.16%, compared with the yield for the SPDR S&P Regional Banking ETF of 3.86% and the implied yield for the S&P 500 of 1.94%. The stock has lost 23.0% year to date, while the regional bank ETF has shed 39.2% and the S&P 500 has lost 8.1%.

  • Fed flags corporate leverage as financial system weathers COVID-19
    Yahoo Finance

    Fed flags corporate leverage as financial system weathers COVID-19

    The Federal Reserve says the financial system is stronger than it was in 2008, but warned that the COVID-19 pandemic raises “significant” risks particularly in corporate credit. 

  • 3 High-Reward Bear Trades for the Next Market Crash
    InvestorPlace

    3 High-Reward Bear Trades for the Next Market Crash

    With equities on the ropes this week, it's time we looked at the best bear trades to bank on for the next market drop.The stock rebound since March has been violent. Its duration and magnitude have caught many traders by surprise, particularly those obsessing over the grim economic data. That said, trying to reconcile rising asset prices on Wall Street with the warzone on Main Street has generated more than a little cognitive dissonance.However, spectators convinced that the chickens would eventually come home to roost are seeing their forecast play out this week. Stocks are falling anew, especially in the most economically sensitive areas like small-caps.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 20 Stocks to Buy If You're Still Betting on America to Thrive So, rather than try to pick which individual stocks, we're focusing instead on playing the weakest industries. There are many to choose from, but here are three underperforming ETFs that look particularly vulnerable: * iShares Russell 2000 Index ETF (NYSEARCA:IWM) * SPDR S&P Banking ETF (NYSEARCA:KRE) * SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP)Let's break down the charts of each, and build high reward bear trades on each. High Reward Bear Trades: iShares Russell 2000 Index (IWM) Click to EnlargeSource: The thinkorswim® platform from TD Ameritrade If you find the Nasdaq Composite ETF (NASDAQ:QQQ) index a stone's throw from all-time highs a bit quizzical given the horror show that is the economy right now, then it's because you're looking at the wrong basket of stocks. While tech mega-caps have found themselves largely insulated from the nasty price action, small-caps have not; They've born the brunt of the damage.From peak-to-trough, the Nasdaq Composite ETF only fell about 30%. By contrast, the Russell 2000 Index was down 41%. And though the selling pressure eased through the back half of March and all of April, the relative weakness remained. Currently, QQQ is only 7.5% off its peak, but IWM is off by 26.5%.Moreover, the rationale for small-caps' weak ways is simple: They're more sensitive to economic downturns. With this week's whack, IWM now sports a lower-swing high and lower low. Though it rallied back by day's end, it also pushed below the 50-day moving average. Wednesday's slide was particularly ugly, with volume swelling past 58 million shares.If you're willing to bet the downturn returns IWM close to March's low over the coming two months, then here's a trade that will deliver big returns:The Trade: Buy the July $105/$100 bear put spread for around 90 cents.You're risking 90 cents to make $4.10 if IWM falls to $100. SPDR S&P Banking ETF (KRE) Click to EnlargeSource: The thinkorswim® platform from TD Ameritrade One of the industries weighing on small caps has been regional banks. The specter of a deep recession caused investors to flee KRE throughout February and March. Ultimately, the fund fell 52% from 2019's peak before a bottom was found. But the bounce-back has been meager compared to the robust buying elsewhere.What's worse, this week saw KRE crack support and tumble below its 20-day and 50-day moving averages. Momentum increased during the downswing to confirm sellers have returned to power. Thursday's session is giving bulls some hope but it's going to take more than a single session of strength to right this hole-ridden ship.If you think we ultimately return to March's levels of $27, then this bear trade offers a smile-inducing payout.The Trade: Buy the July $30/$27 bear put spread for around $1.00. * 5 High-Quality Company Stocks to Buy For Less Than $10 You're risking $1 to make $3 if KRE sits below $27 at expiration. SPDR S&P Oil & Gas Exploration & Production ETF (XOP) Click to EnlargeSource: The thinkorswim® platform from TD Ameritrade The final spot ripe for bear trades is the energy sector. Specifically, we're focusing on the Oil & Gas ETF, XOP. It's performed far worse than the Energy Sector ETF (NYSEARCA:XLE) in large part because it lacks the heavy weighting toward large caps that XLE does.Crashing oil prices have done a number on all energy-related ETFs. Some companies have already declared bankruptcy, and it could be just the beginning. While it's true that XOP has enjoyed a nice rebound off its lows, even rising north of the 50-day moving average, it remains one of the more vulnerable areas of the market. This week's drop saw XOP break short-term support and its 20-day moving average. It's the first support breach since the uptrend began and could spell the start of the next downswing.Once again, we're harnessing bear put spreads to profit.The Trade: Buy the Sep $35/$30 put spread for $1.00You're risking $1 to make $4 if XOP is below $30 at expiration.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler held bullish IWM positions. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 High-Reward Bear Trades for the Next Market Crash appeared first on InvestorPlace.

  • ETFs to watch amid the coronavirus
    Yahoo Finance Video

    ETFs to watch amid the coronavirus

    ETF.com Managing Editor Cinthia Murphy joins Yahoo Finance's Seana Smith to break down the ETFs she's watch in Q2 amid market turmoil over the coronavirus.

  • ‘Banks have more than enough capital to absorb some of these losses’: Wedbush Securities Managing Director
    Yahoo Finance Video

    ‘Banks have more than enough capital to absorb some of these losses’: Wedbush Securities Managing Director

    Peter Winter, Wedbush Securities Managing Director, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the banks are faring during the market volatility and what decisions they should make going forward during this Pandemic.

  • Investopedia

    Charts Suggest Traders Buying Regional Banks on the Dip

    The recent market sell-off could be presenting traders with a chance to buy into certain market segments such as U.S. regional banks.

  • Investopedia

    Regional Bank Stocks Look Set for a Move Higher in 2020

    Bullish chart patterns suggest that this under-followed segment of the U.S. economy could be one of the best performers in 2020.

  • ETF Trends

    Bank ETFs That Could Benefit from Increased M&A Activity

    With mergers and acquisition activity picking up, regional banks and financial sector ETFs that track smaller firms could benefit from the increased consolidation. There were 35 deals in the regional banking space last year, the highest number since 1999, and with the 2020 presidential election looming, buyers may be in a hurry to lock in deals in the first half of the year before a potentially new president comes to office, MarketWatch reports. “Bankers might have a short window to get those deals done,” S&P Global Market Intelligence said in a note.

  • ETF Trends

    An Important Catalyst For This Bank ETF

    The SPDR S&P Regional Banking ETF (KRE) , the largest ETF dedicated to regional bank equities, gained 27.4% last year. While that lagged broader benchmarks, the performance was still impressive when considering the Federal Reserve cut interest rates three times. Rising interest rates historically benefit regional banks.

  • Bank ETFs to Ride High on the Holiday Shopping Spree
    Zacks

    Bank ETFs to Ride High on the Holiday Shopping Spree

    Let's take a look at a few bank ETFs that can gain traction from the sales upsurge in the holiday season.

  • 3 Market-Beating Bank Stocks That Might Lose Steam in 2020
    Zacks

    3 Market-Beating Bank Stocks That Might Lose Steam in 2020

    While inorganic growth efforts, decent loan demand and technology upgrades will support bank stocks in 2020, lower interest rates pose a major headwind.

  • 2019 Has Been Good for Bank Stocks. How Will 2020 Be?
    Zacks

    2019 Has Been Good for Bank Stocks. How Will 2020 Be?

    Banks are expected to continue benefiting from various positive developments in 2020, after a good 2019.

  • Bank ETF (KRE) Hits New 52-Week High
    Zacks

    Bank ETF (KRE) Hits New 52-Week High

    This regional bank ETF has hit a new 52-week high. Are more gains in store?

  • Why Bank ETFs Are Rising
    Zacks

    Why Bank ETFs Are Rising

    The banking corner of the broader financial segment has been on a roll buoyed by stronger-than-expected earnings, bargain hunting and the steepening of the yield curve.

  • 3 Charts Suggest Traders Are Bullish on Regional Banks
    Investopedia

    3 Charts Suggest Traders Are Bullish on Regional Banks

    Long-term buy signals suggest that the regional banking sector could be the group to watch in the closing weeks of 2019 and into 2020.

  • Follow Morgan Stanley to Trade 2020 Election With ETFs
    Zacks

    Follow Morgan Stanley to Trade 2020 Election With ETFs

    Morgan Stanley outlined four outcomes of the 2020 election and its strategies for investors on how to make the most of them.

  • Why Financials ETFs Are On Fire
    Zacks

    Why Financials ETFs Are On Fire

    Financials ETFs have been rising of late. Find out why.

  • ETF Trends

    Here’s What Ailing Regional Bank ETFs

    The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest ETF dedicated to regional bank equities, is up just 7.25% this year, about half the gains posted by diversified financial services ETFs. KRE ...

  • ETF Trends

    Financial Sector, Bank ETFs Could Find Support from Regulatory Relief

    The Federal Reserve could make major changes to bank rules and alleviate some of the pressure on the financial sector and related ETFs. The Fed said it would vote October 10 on a measure to ease liquidity ...

  • 5 Banking Stocks With Dismal Earnings Prospects to Avoid
    Zacks

    5 Banking Stocks With Dismal Earnings Prospects to Avoid

    Fear of global economic slowdown, trade war worries, lower rates and flattening of yield curve are likely to adversely impact banking sector earnings in the near term.

  • ETFs That Gained as Yield Curve Steepens in September
    Zacks

    ETFs That Gained as Yield Curve Steepens in September

    Yield curve steepened in the month of September and benefited these ETFs.

  • 5 ETF Zones to Watch Ahead of Fed Meeting
    Zacks

    5 ETF Zones to Watch Ahead of Fed Meeting

    Several ETF zones are in focus and could see outsized volume depending on the Fed decision.

  • ETF Trends

    Bank ETFs Break Out on Rising Treasury Yields

    Bank sector-related ETFs found strength Monday as government bonds pulled back and yields climbed on easing investor fears surrounding a U.S.-China trade war that has shown signs of de-escalation. On Monday, ...

  • Will Lower Job Growth in August Impact Fed's Rate-Cut Call?
    Zacks

    Will Lower Job Growth in August Impact Fed's Rate-Cut Call?

    The August job-growth report indicates addition of 130,000 jobs, down from the commendable July figures, which might impact the Fed officials' further course of action.