KRE, BICK: Big ETF Outflows
February 07, 2013 at 12:49 PM EST
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the SPDR S&P Regional Banking ETF (KRE), which shed 1,750,000 shares, or a 3.9% decrease week over week. Among the largest underlying components of KRE, in morning trading today Popular Incorporated (BPOP) is up about 2.4%, and Svb Financial Group (SIVB) is lower by about 0.3%.