ETF Resumé
KBETicker Symbol |
SPDR KBW Bank ETFFund |
28.04 
- Change 0.08 (0.3%)
- Volume 0.56 M
4:00 PM EDT May 24, 2013
U.S. Markets are closed
- Assets $2,155.8M
- Expense Ratio 0.35%
- Yield 1.76%
- Vs 50 Day EMA %
- Vs 200 Day EMA %
US Equity ETF
SPDR S&P Bank ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate the performance of the S&P Banks Select Industry Index. The Index itself is a float adjusted modified-market capitalization weighted index of geographically diverse companies representing national money center banks & regional banking institutions listed on US stock markets.
Performance
| TODAY | 1 DAY | 5 DAY | 10 DAY | 1 MO | 3 MO | 6 MO | 1 YR | 2 YR | 5 YR |
|---|---|---|---|---|---|---|---|---|---|
| 0.3% | 0.3% | -1.0% | 2.6% | 6.2% | 8.1% | 21.1% | 30.5% | 19.5% | -18.1% |
Last Close Volume
| AVG VOL (10 D) | CHANGE |
|---|---|
| 1,459,481 | -160.6% |
Trend on Last Close
| Price | EMA | EMA P | DATE CROSSED | |
|---|---|---|---|---|
| 50 DAY | 28.04 | 26.90 | 4.2% | 05-02-2013 |
| 200 DAY | 28.04 | 25.13 | 11.6% | 11-19-2012 |
Technical
| ALPHA | BETA | R2 | STD DEV |
|---|---|---|---|
| -0.0041 | 1.412 | 0.600 | 0.099 |
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The Case for Financial Sector ETFs: Morningstar
04-26-2013 05:00 PM by Tom Lydon
Financial sector stocks and exchange traded funds are looking much stronger as we ride the economic recovery. Nevertheless, while muted, many of the old problems that have weighed on the markets still linger. Morningstar ETF analyst Robert Goldsborough points out that a number...
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Broker-Dealers ETF Leads Financial Sector
02-25-2013 08:44 AM by Tom Lydon
Financial ETFs are among the best-performing sectors so far this year after solid fourth-quarter earnings from major banks and on expectations the economy will continue to improve in 2013. However, a narrowly-focused fund tracking broker-dealer firms is leading the pack. The t...
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Regional Bank ETFs for Financial Sector Exposure
12-24-2012 08:26 AM by Tom Lydon
Regional banks are one of the best ways to gain exposure to the outperforming financial sector even though U.S banks have faced much uncertainty over the past few years. Exchange traded funds tracking regional banks focus in on the health of local markets, while offering diversif...
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Sector ETFs for Obama and the Fiscal Cliff
11-13-2012 07:53 AM by Tom Lydon
Investors took bets ahead of the election with sector exchange traded funds in coal, clean energy, healthcare and other industries. Now with President Barack Obama securing his second term, the market's attention is back on the fiscal cliff and the expiration of the Bush-era tax ...
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ETFs and the Presidential Election
09-12-2012 04:00 PM by Tom Lydon
Presidential campaigns are in full swing and November is just around the corner. Investors and politicos are carefully monitoring the equities market to try to glean any hints. With stocks and exchange traded funds rallying, the incumbent may hold out, S&P analysts say. Si...
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Financial, Bank ETFs for Earnings Season
04-20-2012 02:00 PM by Tom Lydon
Financial sector stocks have slid back along with the broader markets over the past month, but the auspicious start to this earnings season has helped bank picks and financial sector exchange traded funds regain some of their lost strength. Companies like JPMorgan (NYSE: JPM),...
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Alcoa Kicks Off Earnings Season for Dow, Sector ETFs
04-11-2012 09:18 AM by Tom Lydon
U.S. stock ETFs were set to open higher Wednesday following a five-day losing streak on weak U.S. jobs data and lingering European debt concerns. Alcoa (NYSE: AA) kicked off the earnings season for Dow components, while sector ETFs could see action as companies announce first-qua...
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Best ETFs for Sectors in 2012
04-03-2012 12:00 PM by Tom Lydon
The S&P 500 had its best first quarter since 1998, gaining 12% over the past three months. Is this a sign that investor confidence is back as analysts are raising earnings profits, and various sector exchange traded funds are rallying? "The generally positive results from ...
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ETF Chart of the Day: Financial Sector
03-26-2012 01:19 PM by Paul Weisbruch, Street One Financial
One of the leaders in creation activity last week in the ETF realm was SPDR S&P Bank (NYSEArca: KBE), taking in nearly $400 million in new assets. A related ETF, Financial Select Sector SPDR (NYSEArca: XLF), also had a strong week from an asset flows standpoint, as it saw ...
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ETF Chart of the Day: Banks
03-14-2012 03:20 PM by Paul Weisbruch, Street One Financial
Bank exchange traded funds are moving higher with some of the sector's top names unveiling share buybacks and dividend hikes. For example, SPDR S&P Regional Banking (NYSEArca: KRE) rallied nearly 4% on Tuesday. In notes to customers we have mentioned the outperformance in ...
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Bank ETFs Juiced by Dividends, Share Buybacks
03-14-2012 10:24 AM by John Spence
ETFs pegged to the U.S. banking sector are rallying along with top holdings that have announced dividend increases and share buybacks after passing the Federal Reserve's latest stress tests. SPDR S&P Bank ETF (NYSEArca: KBE) was up 1.5% in early trading Wednesday following...
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Financial ETFs are Money in the Banks
02-10-2012 11:01 AM by Tom Lydon
Financial exchange traded funds are outperforming the market on strength in bank stocks and hopes the economic recovery is hitting escape velocity. Financial Select Sector SPDR (NYSEArca: XLF) followed the broader market lower on Friday but is up about 13% so far this year, co...
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Is the Bank ETF Sell-Off a Cause for Concern?
01-26-2012 05:43 PM by Tom Lydon
The financial sector has been a top-performing sector in 2012 after last year's debacle, but an unexpected drop in new U.S. home sales prompted a round of profit taking in bank stocks and related exchange traded funds. SPDR S&P Bank ETF (NYSEArca: KBE) was down 2.5% Thursd...
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ETF Chart of the Day: Regional Banks
01-10-2012 12:55 PM by Paul Weisbruch, Street One Financial
Today we highlight bullish-looking options flows seen in KRE (SPDR S&P Regional Banking) on Monday as the exchange traded fund makes a run at its highest levels in about a year. The fund tracks the S&P Regional Banks Select Industry Index, with top holdings including C...
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Changes In Underlying Indices and ETF Expenses
11-09-2011 04:45 PM by Tom Lydon
Exchange traded funds (ETFs) have some of the lowest expense ratios in the market. The low costs can be attributed to their passive indexing methodologies, but different indices will create varying cost structures. At the end of October, State Street Global Advisors switched t...
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Financial ETFs Lead Market Decline with Nearly 5% Loss
11-01-2011 04:10 PM by Tom Lydon
Financial exchange traded funds led the way lower in stocks Tuesday as a surprise Greek referendum threatened the Eurozone bailout plan and fallout from MF Global's bankruptcy filing weighed on banks. SPDR S&P Bank ETF (NYSEArca: KBE) and Financial Select Sector SPDR (NYSE...
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Bank ETFs Pressured by Rates, Loans
10-26-2011 03:26 PM by Tom Lydon
Unlike the major U.S. stock indexes, exchange traded funds benchmarked to banks and financial stocks haven't broken out of their recent trading range. Now, banks have an interesting problem: they have too much cash, according to a report. Investors fearful of Europe's debt ...
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Bank ETFs Fall After Citigroup, Wells Fargo Earnings
10-17-2011 10:34 AM by John Spence
An exchange traded fund indexed to U.S. banks was down over 2% on Monday following mixed quarterly earnings from bellwethers Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC). The $951 million SPDR KBW Bank ETF (NYSEArca: KBE) fell 2.3% at last check. Wells Fargo shares slipp...
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Financial ETF Rises 3% on Eurozone, Earnings Hopes
10-12-2011 04:04 PM by Tom Lydon
Financial exchange traded funds led the market higher Wednesday on speculation European Union leaders will be able to quell the unrest in debt markets. Financial Select Sector SPDR (NYSEArca: XLF) rallied nearly 3%. The sector ETF also climbed above its 50-day simple moving av...
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Bank of America Weighs on Financial ETFs
10-03-2011 04:25 PM by Tom Lydon
Bank of America (NYSE: BAC) shares fell nearly 10% on Monday and pulled down financial exchange traded funds, which led the overall stock market lower. B. of A. shares were pummeled while technical difficulties shut down the bank's website, again. Financial Select Sector SP...
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ETF Chart of the Day: Leveraged Financial Sector Funds
09-08-2011 01:11 PM by Paul Weisbruch, Street One Financial
Bullish options flow was evident in exchange traded funds indexed to the U.S. financials sector on Wednesday with relevant activity in both SPDR KBW Bank (NYSEArca: KBE) and Financial Select Sector SPDR Fund (NYSEArca: XLF). It is worth noting that the top portfolio holdings o...
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Are Bank ETFs Finally Turning Around?
08-31-2011 09:18 AM by Tom Lydon
Financial stocks leading the recent market bounce and Warren Buffett's $5 billion investment in Bank of America (NYSE: BAC) have triggered talk that bank exchange traded funds have finally hit bottom. SPDR KBW Bank ETF (NYSEArca: KBE) is up 8.5% over the past week, roughly dou...
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The Contrarian: A Look at Oversold ETFs
08-19-2011 09:07 AM by Tom Lydon
The folks at Bespoke Investment Group have been kind enough to provide a list this week of the most oversold exchange traded funds measured by distance from the 50-day moving averages. Ever since S&P announced its downgrade on U.S. debt, followed by growing concern over th...
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France ETF Falls 7% on Downgrade, SocGen Rumors
08-10-2011 03:58 PM by Max Chen
An exchange traded fund that invests in France fell about 7% on Wednesday in U.S. trading amid speculation the country may lose its triple-A credit rating and talk that Societe Generale was in trouble. However, the three major credit ratings agencies affirmed France's credit r...
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Financial ETFs Steady as Citi, Wells Fargo Lead Banks
06-22-2011 10:39 AM by John Spence
Strength in large-cap bank stocks such as Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) on Wednesday wasn't enough to lift financial sector exchange traded funds before the Federal Reserve announcement. Financial Select Sector SPDR Fund (NYSEArca: XLF) was flat in morning de...
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Bank ETF Options Traders Look for Rebound
06-21-2011 11:19 AM by John Spence
Some options traders are positioned to profit if a bank exchange traded fund's low set earlier this month proves to be a short-term bottom for the troubled sector. Call buyers in SPDR KBW Bank ETF (NYSEArca: KBE) were active Monday, said Paul Weisbruch at Street One Financial ...
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Financial ETFs Hit on Bank Exposure to Greek Debt Crisis
06-20-2011 04:04 PM by John Spence
The Dow rose almost 80 points late Monday but exchange traded funds tracking the U.S. banking sector closed with losses as investors try to sort out lenders' exposure to Greece's accelerating debt crisis. For example, Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC) and JP Mo...
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ETF Spotlight: SPDR KBW Bank ETF (KBE)
06-16-2011 12:24 PM by Tom Lydon
ETF Spotlight on SPDR KBW Bank ETF (NYSEArca: KBE), part of a weekly series. The bank ETF was higher in midday trading Thursday as top holding Bank of America (NYSE: BAC) saw its shares advance while Citigroup (NYSE: C) was fractionally lower. Assets: $1.44 billion Oject...
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Bank ETF Nears Bear Cross as Citigroup, B. of A. Decline
06-15-2011 10:07 AM by John Spence
The largest exchange traded fund investing in U.S. bank stocks is nearing a bearish technical indicator as key moving averages prepare to cross over. SPDR KBW Bank ETF (NYSEArca: KBE) was down over 1% in Wednesday's stock pullback as top holdings Citigroup (NYSE: C) and Bank o...
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Bank ETFs Hit Again on Economy, Capital Levels
06-10-2011 10:38 AM by John Spence
A bank exchange traded fund was down more than 1% on Friday morning as investors continued to vote with their feet on worries about the economy and new regulations for lenders after the credit crisis. Within the sector, Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells F...
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Bank ETFs in Spotlight on Bank of America 52-Week Low, Durbin
06-08-2011 12:10 PM by John Spence
Bank exchange traded funds erased early losses Wednesday as did Bank of America (NYSE: BAC) shares, although the crucial holding set a new 52-week low at the open. Also, bank ETFs could see volatility in afternoon trading as the Senate plans to vote on whether to delay limits ...
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Huntington, Bank of America Lift Bank ETFs
06-07-2011 11:50 AM by John Spence
Bank exchange traded funds moved higher Tuesday thanks in part to strength in components Bank of America (NYSE: BAC) and Huntington Bancshares (NasdaqGS: HBAN). SPDR KBW Bank ETF (NYSEArca: KBE) added nearly 1%, while Huntington climbed 3% and B. of A. rose about 1%. The ba...
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Wells Fargo Downgrade, Regions Weigh on Bank ETFs
06-06-2011 12:30 PM by John Spence
An analyst downgrade of Wells Fargo (NYSE: WFC) and a pullback in Regions Financial (NYSE: RF) shares combined with economic jitters to drag down bank exchange traded funds on Monday. SPDR KBW Bank ETF (NYSEArca: KBE) was down nearly 1%. The fund has 6.6% in Wells Fargo and 4....
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Options Traders See More Downside in Bank ETF
06-06-2011 07:29 AM by John Spence
Bank exchange traded funds have been hammered lately by weak economic data and reduced investor appetite for risk. Recent action suggests options traders are leaning toward further downside in bank ETFs that invest in big lenders such as JP Morgan (NYSE: JPM) and Citigroup (NYSE:...
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ETFs Close Mixed in Response to Greece Deal, U.S. Debt Warning
06-02-2011 05:50 PM by Tom Lydon
Stock exchange traded funds (ETFs) ended a volatile trading day mostly flat on reports of a Greece funding deal, while Moody issues a warning about U.S. Debt. The S&P 500 rebounded from earlier losses on Thursday following news of a fresh funding plan to help Greece pay of...
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Bank ETFs Hit By Economic Jitters
05-24-2011 04:39 PM by John Spence
A late-day bounce in the largest exchange traded fund for U.S. banks wasn't enough to pull the ETF into positive territory on Tuesday. Some analysts expect bank stocks such as Citigroup (NYSE: C) and Bank of America (NYSE: BAC) to continue to underperform in the near term even th...
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JP Morgan Leads Bank ETFs as Shareholders Meet
05-17-2011 11:41 AM by John Spence
Bank exchange traded funds were higher Tuesday in the face of a down market, benefitting from a nearly 2% rise in JP Morgan (NYSE: JPM) as the company held its annual shareholder meeting. Chief Executive Jamie Dimon told shareholders the economy could be at the beginning of a ...
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Bank ETFs Shake Off Report of Mortgage-Securities Probe
05-17-2011 10:19 AM by John Spence
Financial and bank exchange traded funds rose Tuesday morning despite a report that New York Attorney General Eric Schneiderman is investigating mortgage securities packaged by big banks such as Bank of America (NYSE: BAC), Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS). ...
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ETF Options Traders Look for Rebound in Citigroup, Big Banks
05-16-2011 10:06 AM by John Spence
Options traders have been positioning for a rebound in financial-sector exchange traded funds that have large stakes in Citigroup (NYSE: C), Bank of America (NYSE: BAC) and other big banks, according to a report Monday. A trend has emerged in recent weeks in options based on S...
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Financial ETFs Dive as Goldman, Bank of America See ‘Death Cross’
05-13-2011 03:46 PM by John Spence
Bank exchange traded funds were the worst sector in Friday's stock pullback with shares of Goldman Sachs (NYSE: GS) and Bank of America (NYSE: BAC) seeing so-called death crosses that could spell further weakness. Traders closely monitor moving averages to get a sense for wher...
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Bank of America, Citigroup, Bank ETFs Shed 2% in Sell-Off
05-13-2011 01:03 PM by John Spence
A bank ETF was down 2% on Friday as its losses were on par with the damage in shares of Bank of America (NYSE: BAC) and Citigroup (NYSE: C), which were under pressure to close the week on heavy trading volume. Shares of Citi and Bank of America were down more than 2% as SPDR K...
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Weakness in Citigroup, Bank ETFs Not a Good Sign for Market
05-12-2011 10:12 AM by John Spence
Investors are trying to figure out if recent market turbulence is simply consolidation in a broader really or the start of something more ominous. For their part, bears can point to a drop in banking giant Citigroup (NYSE: C) after its reverse stock split. Citi shares slipped ...
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Bank ETFs Lower on Reports of Mortgage Settlement Offer
05-11-2011 03:53 PM by John Spence
Exchange traded funds tracking the U.S. banking sector were down about 1% on Wednesday on reports Bank of America (NYSE: BAC), J.P. Morgan (NYSE: JPM) and other mortgage services have proposed paying $5 billion to settle an investigation related to foreclosures. Some analysts ...
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Financial ETFs Take Citigroup Reverse Split in Stride
05-10-2011 03:00 PM by John Spence
Citigroup's (NYSE: C) 10-for-1 reverse share split has dramatically reduced overall trading volume in the U.S. stock market, but it turned out to be a nonevent for exchange traded funds tracking the financial sector and banks. Citi's reverse split and plans to pay a dividend a...
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Citigroup Hits Bank ETF as Traders Eye 200-Day Average
05-09-2011 04:28 PM by John Spence
Bank stocks were a lagging sector in Monday's higher market as weakness in Citigroup (NYSE: C) after a reverse stock split dropped a banking exchange traded fund close to a key test. Citi shares were down more than 2% on Monday. The banking giant is the second-largest holding ...
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Financial ETFs Prepare for Citigroup Reverse Split
05-09-2011 07:38 AM by Tom Lydon
Beleaguered financials sector exchange traded funds (ETFs) are readying themselves for a reverse split in Citigroup (NYSE: C) shares. UBS Securities has issued a buy recommendation on the reversal in Citigroup's performance, issuing a $5.60 price target objective, reports Jon ...
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Bank ETF Rises as Goldman Sachs Meets Shareholders
05-06-2011 09:51 AM by John Spence
Exchange traded funds that invest in bank stocks were higher Friday after the solid April jobs report but traders will be keeping a close eye on Goldman Sachs (NYSE: GS) shares as the company holds its annual meeting. Chief Executive Lloyd Blankfein will face shareholder quest...
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Citigroup Drags on Underperforming Financial and Bank ETFs
05-02-2011 10:55 AM by John Spence
A 2% decline in Citigroup (NYSE: C) shares on Monday weighed on a bid by bank and financial exchange traded funds (ETFs) to break above their 50-day moving average and get back on track. Citi is a top holding in sector ETFs such as Financial Select Sector SPDR Fund (NYSEArca: ...
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Weak Quarter Knocks Expectations for Bank ETFs
04-28-2011 11:01 AM by John Spence
Bank exchange traded funds (ETFs) have moved lower following quarterly results from the big lenders and could continue to underperform the market, analysts say. Financial ETFs have been weak after earnings from large banks such as Bank of America (NYSE: BAC), Citigroup (NYSE: ...
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Financial ETFs: Some Earnings Fall Short of Expectations
04-21-2011 04:18 AM by Tom Lydon
A lack of real revenue growth at big banks is disappointing exchange traded fund (ETF) investors who had positioned for a round of strong earnings. Financial ETFs have been weak lately as Morgan Stanley (NYSE: MS) reports its quarterly results Thursday. Keefe, Bruyette &...
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Financial ETFs Need Help as Morgan Stanley Reports
04-21-2011 04:03 AM by John Spence
Quarterly results from Morgan Stanley (NYSE: MS) on Thursday were set to move financial exchange traded funds (ETFs), which have been stuck in the mud during bank earnings season. Financial Select Sector SPDR Fund (NYSEArca: XLF) is barely positive for the year and has lagged ...
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Wells Fargo Sell-Off Weighs on Bank ETFs
04-20-2011 07:17 AM by John Spence
Exchange traded funds (ETFs) that invest in U.S. banks were slightly negative early Wednesday as a surge in the equity indexes was offset by weakness in Wells Fargo (NYSEArca: WFC) shares after the lender reported lower quarterly revenue. Wells Fargo shares were down more than...
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Citigroup’s 2% Rise After Earnings Can’t Lift Bank ETFs
04-18-2011 09:46 AM by John Spence
Citigroup (NYSE: C) shares rallied more than 2% Monday afternoon in the face of a down market after Standard & Poor's warned on U.S. credit, but it wasn't enough to put bank exchange traded funds (ETFs) into the green. Citigroup was the most active stock on the NYSE after ...
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Bank ETFs Lower on J.P. Morgan, Mortgage Overhaul
04-13-2011 03:39 AM by John Spence
Bank exchange traded funds (ETFs) were down 1% Wednesday afternoon along with J.P. Morgan shares after the company reported quarterly results. Deutsche Bank analysts in a research note said J.P. Morgan's quarterly trading results were better than expected and credit improved, ...
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Bank ETFs Languish After Dividend Increases
04-06-2011 04:01 AM by John Spence
Several banks recently announced dividend increases and share buybacks, but exchange traded funds (ETFs) investing in the sector have lagged the overall market's bounce since the middle of March. The $2 billion SPDR Bank ETF (NYSEArca: KBE) has traded sideways and is near its ...
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Bank ETFs Enjoy Fed Blessing
03-19-2011 01:00 AM by Tom Lydon
Banks have made quite a recovery since the financial crisis and the Federal Reserve noticed in their latest round of stress tests. Financial stocks and exchange traded funds (ETFs) celebrated the news by moving up about 1% for the day. Banks have undergone extensive testing s...
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ETFs Finish Strong
03-18-2011 02:16 PM by Tom Lydon
Exchange traded funds (ETFs) recorded a second day of robust gains Friday as investors tried to measure the risks from violence in Libya and Japan's ongoing crisis heading into the weekend. The Japanese yen fell against the U.S. dollar on Friday by the most since September af...
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Financial ETFs Sink Following Earnings
01-19-2011 08:30 AM by Tom Lydon
ETFs wobbled mostly lower on Wednesday after Goldman Sachs (NYSE: GS) reported a sharp earnings drop and housing data proved mixed, denting cheer over strong financial results from Apple (NASDAQ: AAPL) and IBM (NYSE: IBM). Builders started work on fewer homes and apartments l...
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5 Areas We'll Feel Inflation; 5 ETFs to Fight Back
01-15-2011 01:00 AM by Tom Lydon
If you've been living on the cheap, that could soon change as inflation becomes an increasingly real prospect. Life could get more expensive, but you can use these exchange traded funds (ETFs) to keep it from becoming unbearably so. When we see inflation, it will hit across th...
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Bigger Is Better In Financial ETFs, For Now
01-12-2011 01:00 PM by Tom Lydon
Although it's been a lackluster at best couple of years for financial exchange traded funds (ETFs), today's moves have us and others wondering if this sector's ship is finally pulling back in to port. The good news is that the days of wild swings are fewer and further between....
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Bargain Shopping With Financial ETFs
01-03-2011 11:00 AM by Tom Lydon
Bank lending is finally picking up, but it might be too early to expect financial exchange traded funds (ETFs) to start performing as well as they did in the pre-crisis era. Demand for loans is way up as businesses search for ways to get growing. The amount of commercial and i...
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December ETF Performance Report
12-31-2010 02:00 PM by Tom Lydon
Although stocks and exchange traded funds (ETFs) closed lower at the end of the year, December managed to send things out on a high note. The Dow Jones Industrial Average gained 2.9% this month. The S&P 500 added 4.3%, while the NASDAQ rose 4.1%. Just about anything com...
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Regional Bank ETFs Benefit from M&A Boom
12-26-2010 01:00 AM by Tom Lydon
Corporations are sitting on mounds of cash, and now they're starting to go shopping. M&A activity in the regional banking sector is expected to pick up, and it could be a rewarding shopping spree for their exchange traded funds (ETFs). The recent takeover of Marshall &...
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Financial ETFs Spring Back to Life
12-16-2010 02:00 PM by Tom Lydon
Anxious market observers and investors can now relax a bit as financial exchange traded funds (ETFs) begin a slow, steady climb back to rosy-cheeked health. Better late than never, right? Once a sector viewed with a mixture of skepticism and fear, it's now a sector that many b...
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Why Financial ETFs Are Standing Tall
12-10-2010 11:00 AM by Tom Lydon
Financial exchange traded funds (ETFs) are perched at the top of the charts this week, but it's not the result of any single big event. Small things, instead, add up. The top of charts for the last five trading days are dotted with banking funds, including: SPDR KBW Bank (...
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6 Reasons to Consider Financial ETFs
11-14-2010 01:00 PM by Tom Lydon
The broader market has been performing well in recent months, with the S&P 500 experiencing a nice 11% gain from the beginning of September, but financial stocks and related exchange traded funds (ETFs) have not caught on to the bullish trend. Still, Jeff Reeves for TheStr...
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Mortgage Scandal Weighs Down Financial ETFs
10-22-2010 11:00 AM by Tom Lydon
The mortgage scandal from a leading national bank may threaten recent gains in the broader financial industry and related exchange traded funds (ETFs). Despite overall positive gains on Wednesday, Bank of America (NYSE: BAC) can't seem to find any luck as its share dropped mor...
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TARP Weighs on Some Financial ETFs
10-20-2010 12:00 PM by Tom Lydon
Financial exchange traded funds (ETFs) have felt the pinch. Smaller banks have been weighed down by TARP while the big ones struggle with foreclosures and weak economic growth. Banks of many sizes are challenged in raising capital, and TARP funds have been cutting into their b...
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Citi's Profit Leads Financial ETFs Higher
10-18-2010 08:30 AM by Tom Lydon
In early morning trading shares of financial stocks appear to be recovering from the slide that began last week based on worries that the mortgage foreclosure debacle might lead to higher cost, lawsuits, congressional inquiries and other problems for lenders. According to the ...
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Financial ETFs Getting Their Color Back
10-15-2010 02:00 PM by Tom Lydon
The deluge of foreclosures that could have ruined our banking and home-financing industry is starting to abate as hopeful signs indicate improvement in the U.S. financial system and its exchange traded funds (ETFs). Dirt-cheap interest rates, frugality and returning growth are...
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Financial ETFs Higher After New Banking Rules
09-13-2010 08:30 AM by Tom Lydon
The international banking industry has a new set of rules with which to comply. Although they may take years to be fully enacted, financial exchange traded funds (ETFs) are reacting well to the news early this morning. According to the ETF Dashboard, financial ETFs heartily ap...
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ETFs Turn Higher as Exports Surge
09-09-2010 08:30 AM by Tom Lydon
The trade gap narrowed in July, jobless claims dropped in the last week and President Obama has a new jobs plan. Will it be enough to propel exchange traded funds (ETFs) higher and keep them there? Continued signs that Americans be hopeful about the country's economic future p...
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ETFs Fall As Google, Bank Earnings Disappoint
07-16-2010 08:30 AM by Tom Lydon
Disappointing earnings from a slew of giants, including Google (NASDAQ: GOOG), Bank of America (BAC) and Citigroup (C) primarily dragged financial exchange traded funds (ETFs) down by as much as 4% in early trading. JPMorgan's (NYSE: JPM) earnings may have been an anomaly. Ban...
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Financial ETFs: 5 Positives of Reform
07-15-2010 11:00 AM by Tom Lydon
After a tumultuous past few months in which investors were left to speculate about the state of Europe's financial crisis and the U.S.'s financial reform, we are finally starting to get a little bit of clarity. In the United States, at least, a resolution for exchange traded fund...
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ETFs Slide on the First Day of Third Quarter
07-01-2010 08:30 AM by Tom Lydon
Worries about the domestic and global economy didn't wind down along with the second quarter. They're hanging around, dogging the markets and exchange traded funds (ETFs) right into the third quarter. Financial overhaul made another step closer to becoming a reality late yeste...
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Markets, ETFs Flat on Second Quarter's Last Day
06-30-2010 08:30 AM by Tom Lydon
The second quarter has been painful for many investors and exchange traded funds (ETFs). But in the final day of trading, the markets turned quiet and reflective about the last three months. Financial ETFs rose slightly on reports of a change in the banking overhaul bill that ...
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Are Pure-Play ETFs Worth the Risk?
05-24-2010 06:00 AM by Tom Lydon
The exchange traded fund (ETF) universe offers a breathtaking array of options to choose from. The latest addition to this universe is the pure-play ETF, which gives investors very focused exposure to a sector. With that focused exposure, though, comes more risk. ETFs were ini...
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Financial ETFs: Hurting Now, But Are They a Future Opportunity?
05-21-2010 11:00 AM by Tom Lydon
The market's recent correction and the financial overhaul bill that's winding its way through Congress haven't stopped analysts from feeling bullish on financial exchange traded funds (ETFs). The financial overhaul bill that passed in the Senate is a far-reaching one that woul...
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Financial ETFs: What Regulation Will Mean
05-07-2010 06:00 AM by Tom Lydon
The Obama administration has been saying that it will provide better financial regulation, and the U.S. Senate made some progress by passing two amendments aimed at obviating another copious taxpayer bailout of Wall Street. Big banks and related financial exchange traded funds (E...
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What, Me Worry? Why Some Are Bullish on Financial ETFs
05-03-2010 12:00 PM by Tom Lydon
The financial press is humming over what President Barack Obama's call for greater financial regulation and the SEC's investigation into subprime mortgage deals will mean for the financial sector and its related stocks and exchange traded funds (ETFs). Some experts believe tight...
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ETFs Lifted on Hopes of an Imminent Greece Bailout
04-29-2010 08:30 AM by Tom Lydon
It finally looks like it just may happen: the International Monetary Fund (IMF) and the European Union are putting the finishing touches on an aid deal for Greece, and exchange traded funds (ETFs) have turned solidly positive on the news. The IMF has promised to boost the aid...
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5 ETFs That Are Currently Beating the S&P 500
04-23-2010 12:00 PM by Tom Lydon
The markets seem to feel a spring renewal and the S&P 500 has gained 6% in the last month and 8.4% year-to-date. Still, some areas of the market are doing even better than that. These exchange traded funds (ETFs) have outperformed the S&P in the past month. Turkey. Dep...
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Strong Earnings from Tech Giants and Banks Propel ETFs Upward
04-21-2010 08:30 AM by Tom Lydon
Street-blasting earnings from Apple, Yahoo, McDonald's and Boeing are powering exchange traded funds (ETFs) early today. Meanwhile, Wall Street's biggest banks delivered earnings results amid stepped-up scrutiny from regulators. Two tech giants were market superstars in the f...
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Financial ETFs to Watch as SEC's Investigation Continues
04-19-2010 11:00 AM by Tom Lydon
On Friday, Goldman Sachs lost $10 billion in market value as investors responded to news of a civil lawsuit brought on by the Security and Exchange Commission (SEC), and other banks were dragged, too. With all this volatility in financials, now may be a good time to do some homew...
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The Top 6 ETFs of the First Quarter
04-01-2010 11:00 AM by Tom Lydon
Just like that, another quarter has come and gone. The first quarter of 2010 certainly had its hiccups, but it was overall a strong one for the markets. The top long-only exchange traded funds (ETFs) this quarter are giving some clues about who's leading the recovery so far. ...
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A Year Later: 8 Top ETFs Since the Market's Low
03-09-2010 11:00 AM by Tom Lydon
What a difference a year makes. At this time in 2009, it seemed that the markets and exchange traded funds (ETFs) couldn't sink much further. Little did we know, a reprieve was to come. Here are eight of the strongest ETFs since that day. Market Vectors Coal ETF (NYSEArca: KOL...
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Financial ETF: Why Big Banks May Be the Next Performers
02-22-2010 12:00 PM by Tom Lydon
The time for the financial sector exchange traded funds (ETFs) may be at hand. After a year of recuperating from the financial crisis, big banks may be healthy enough to resume the task of making big money. Big banks and the financial sector ETFs may be the best performers in ...
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How New Bank Tax May Hurt Financial Industry, ETFs
01-13-2010 02:00 PM by Tom Lydon
Bonus season is coming around and lots of big bankers are likely to receive a fat check. This has spurred another round of public outrage and the government has taken steps to funnel away some of the money back to taxpayers. What may be good for taxpayers might not be good for ba...
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Financial ETFs Pull Back, But What's the Next Step?
12-14-2009 01:00 AM by Tom Lydon
For those investors who rely on the 200-day moving average as a guide for where and when to invest, financial exchange traded funds (ETFs) could be sending a sell signal. Is the sector primed for a pullback? The moving average (MA) is a significant indicator that investors fol...
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Stocks, ETFs Move Higher as Trade Gap Narrows
12-10-2009 10:00 AM by Tom Lydon
Both stocks and exchange traded funds (ETFs) are nicely higher this morning as news that the nation's trade gap narrowed in October offset slightly higher-than-expected weekly jobless claims. The Commerce Department reported this morning that the trade deficit for the United ...
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A Year After Lehman: Are Financial ETFs Ready for Their Close-Up?
09-14-2009 01:00 PM by Tom Lydon
One year ago today, Lehman Brothers collapsed and sent the entire financial system and its related exchange traded funds (ETFs) on a downward spiral. Today, the picture looks much different. Are financial ETFs ripe for the picking? Since the market lows on March 9, financials...
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Midday Market Update: Unemployment Soars Leaving Markets and ETFs Grounded
03-06-2009 10:00 AM by Tom Lydon
Unemployment in the United States is now at highs not seen since 1983, casting a grim shadow upon the economy and exchange traded funds (ETFs). The unemployment rate surged to 8.1% in February as 651,000 jobs were cut. It's just more proof of the deepening recession. Jeannine...
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Midday Market Update: Markets, ETFs Dusting Off After GDP, Citigroup News
02-27-2009 11:00 AM by Tom Lydon
The U.S. government is offering a trade to Citigroup Inc. (C) for $25 billion in emergency bailout money in exchange for a stake in the bank, giving a rally to stocks, exchange traded funds (ETFs) and investors. The U.S. government is asking for a 36% equity stake in the stru...
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Midday Market Update: Stocks, ETFs See-Saw After Budget Plans
02-26-2009 10:26 AM by Tom Lydon
Governments are reaching in to help banks and this is giving Wall Street a chance to put some worries to rest over the financial system while giving exchange traded funds (ETFs) a chance to rally. Stocks get a lift Thursday, as part of their up and down momentum for the week,...
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What Bank Nationalization Means for You
02-20-2009 11:45 AM by Tom Lydon
Shares of Bank of America (BAC) and Citigroup (C) are at 18-year lows today on investor fears that they could be nationalized. What Does It Mean? Nationalization will mean different things to different people, CNBC says. It's as much a semantics debate as it is about politica...
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Sticking to a Strategy With ETFs Is Also a 'Safe Haven'
09-19-2008 01:00 PM by Tom Lydon
After a week like this, in which many financial exchange traded funds (ETFs) have rapidly gained, then just as rapidly plummeted and so on, it's worth taking a look at the assets. Although today was a better one than a few of the others seen this week, with all this stomach-ch...
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The Worst Is Over for Financial ETFs, Or It Isn't
09-19-2008 11:00 AM by Tom Lydon
The government has announced that it's hatching a plan to save our financial system - time to get back into financial exchange traded funds (ETFs), right? Well, not so fast. The government's plan isn't fully fleshed out. They'll be working through the weekend to work out the d...
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ETFs Around the World Sneeze After Dow Sinks
09-05-2008 10:00 AM by Tom Lydon
Wall Street coughed yesterday, and Europe and Asia's markets and exchange traded funds (ETFs) caught a cold. After the Dow Jones lost more than 340 points, Europe's FTSE-100, Germany's DAX and France's CAC all fell by mid-afternoon. In Moscow, reports Louise Watt for the Assoc...
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Short, Financial ETFs Stand Tall As Investors Back Away From Oil, Commodities
08-24-2008 01:00 PM by Tom Lydon
The last week notwithstanding, there has been a trend away from commodities and the exchange traded funds (ETFs) that track them as the price of oil takes a step back. It's led to a rebound for those funds that were left for the vultures, namely financials and homebuilders. ...
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Life Preserver Has Investors, Financial ETFs Worried
08-20-2008 11:00 AM by Tom Lydon
Worries about the fate of Fannie Mae (FNM) and Freddie Mac (FRE) are persisting, and it continues to drag down financial exchange traded funds (ETFs). Investors seem increasingly convinced that if the government bails them out, their shares will plunge to zero, reports Alan Zi...
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Financials Ding Markets and ETFs, But Falling Oil Is a Salve
08-12-2008 11:00 AM by Tom Lydon
More news about the financial sector sent Wall Street and related exchange traded funds (ETFs) lower, but a further drop in oil prices helped soothe some investors. JP Morgan (JPM) said it had racked up bigger losses in its mortgage holdings so far in the third quarter than in...
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July Takes a Warming to Financial ETFs
08-08-2008 06:00 AM by Tom Lydon
In July, exchange traded funds (ETFs) within the financial sector have demonstrated how a slight transition from really bad to just a little bad bad can still generate some profit and clean up. July was also interesting as the Federal Reserve made huge efforts toward saving th...
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Probe of Citigroup and Others Could Hit Financial ETFs
08-01-2008 03:00 PM by Tom Lydon
Citigroup's (C) imminent charges could wind up packing a wallop for financial exchange traded funds (ETFs). New York Attorney General Andrew Cuomo has said he plans to charge the bank with fraudulently marketing and selling auction-rate securities, as well as destroying subpoe...
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A Little Assurance Goes a Long Way for Financial ETFs
07-16-2008 02:00 PM by Tom Lydon
Financial-related exchange traded funds (ETFs) surged today after Federal Reserve Chairman Ben Bernanke said Fannie Mae and Freddie Mac were in no danger of failing. It was his second day of testimony about the state of the ailing U.S. economy. It was less downbeat than yester...
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Fannie, Freddie Bailout Plan Doesn't Appease Financial ETFs
07-14-2008 11:00 AM by Tom Lydon
Financial exchange traded funds (ETFs) are trading sharply lower earlier today, in spite of a spelled-out government plan to toss a lifesaver to Fannie Mae and Freddie Mac. The plan, in short, is meant to show that the government is ready to take any steps necessary to prevent...
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No Bailout for Fannie and Freddie Leaves Financial ETFs Trying to Stay Afloat
07-11-2008 11:00 AM by Tom Lydon
Shares for the ailing Fannie Mae (FNM) and Freddie Mac (FRE) fell even lower earlier this morning after an immediate bailout was ruled out - throwing the housing market into question and related exchange traded funds (ETFs) lower. Treasury Secretary Henry M. Paulson said that ...
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Number of Holdings: 43
| REGIONAL BANKS | 70.2% |
| Real Estate | 22.6% |
| Financials | 7.1% |
| Unknown | 0.1% |
| Super-Regional Banks-US | 20.2% |
| Commer Banks-Eastern US | 15.3% |
| Commer Banks-Western US | 14.8% |
| Commer Banks-Central US | 12.4% |
| Commer Banks-Southern US | 12.2% |
| S&L/Thrifts-Eastern US | 9.9% |
| Diversified Banking Inst | 7.6% |
| Fiduciary Banks | 4.9% |
| Finance-Consumer Loans | 2.6% |
| Unknown | 0.1% |
| United States | 99.8% |
| Unknown | 0.2% |
| Mid-cap | 67.3% |
| Large-cap | 32.6% |
| Unknown | 0.1% |
Number of Holdings: 43
% |
Ticker |
Name |
Sector |
Market Cap |
Country |
|---|---|---|---|---|---|
| 2.8% | FNFG | First Niagara Financ... | REGIONAL BANKS | 3321810000 | United States |
| 2.6% | CBSH | Commerce Bancshares ... | REGIONAL BANKS | 3655660000 | United States |
| 2.6% | FITB | Fifth Third Bancorp | REGIONAL BANKS | 14956430000 | United States |
| 2.6% | RF | Regions Financial Co... | REGIONAL BANKS | 12123540000 | United States |
| 2.6% | BAC | Bank of America Corp | Real Estate | 132465920000 | United States |
| 2.6% | C | Citigroup Inc | Real Estate | 142924300000 | United States |
| 2.6% | WFC | Wells Fargo & Co | Real Estate | 199599330000 | United States |
| 2.6% | BPOP | Popular Inc | REGIONAL BANKS | 2966790000 | United States |
| 2.6% | STI | SunTrust Banks Inc | REGIONAL BANKS | 15865290000 | United States |
| 2.6% | KEY | KeyCorp | REGIONAL BANKS | 9232720000 | United States |
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