KRE, SJB: Big ETF Outflows
December 12, 2016 at 10:47 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Regional Banking ETF (KRE), where 2,650,000 units were destroyed, or a 4.1% decrease week over week. Among the largest underlying components of KRE, in morning trading today Keycorp (KEY) is off about 0.9%, and Regions Financial (RF) is lower by about 0.6%.
