KRE, DDG: Big ETF Outflows
January 25, 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 8,350,000 units were destroyed, or a 13.2% decrease week over week. Among the largest underlying components of KRE, in morning trading today PNC Financial Services (PNC) is off about 1.5%, and Keycorp (KEY) is lower by about 1%.
