SPDR® S&P Regional Banking ETF company info

What does SPDR® S&P Regional Banking ETF do?
SPDR® S&P Regional Banking ETF (NYSE:KRE) is a sector-specific exchange-traded fund that targets the regional banking segment of the U.S. financial sector. It aims to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Regional Banks Select Industry Index. This includes small to mid-sized regional banks and financial services firms, focusing on a mix of value and growth opportunities within the regional banking industry. Through its investments, SPDR® S&P Regional Banking ETF seeks to offer investors exposure to the domestic regional banking sector, capitalizing on the nuances and potential growth of local banking markets across the United States. The fund's objective is to track closely the performance of its underlying index, thereby offering shareholders an effective way to gain comprehensive exposure to the regional banking sector's dynamics and potential returns.
SPDR® S&P Regional Banking ETF company media
Company Snapshot

Is SPDR® S&P Regional Banking ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P Regional Banking ETF employ?

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Employees
2,301

What sector is SPDR® S&P Regional Banking ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P Regional Banking ETF?

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Head Office
Boston, United States

What year was SPDR® S&P Regional Banking ETF founded?

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Year Founded
2006
What does SPDR® S&P Regional Banking ETF specialise in?
/ETF Investment /Regional Banking /Equity Securities /Financial Services /Market Capitalization /Investment Return

What are the products and/or services of SPDR® S&P Regional Banking ETF?

Overview of SPDR® S&P Regional Banking ETF offerings
Tracks an index: KRE tracks the S&P Regional Banking Select Industry Index. This index measures the performance of U.S. companies in the regional banking sector. Regional banks are typically smaller than national banks and have a more concentrated focus on specific geographic regions.
Provides exposure to the U.S. regional banking sector: By investing in the underlying index, KRE offers investors exposure to a diversified basket of regional banks in the U.S. This allows investors to potentially benefit from the overall performance of the regional banking sector.
Passively managed: KRE uses a passive management strategy, aiming to replicate the performance of the underlying index by holding the same securities in approximately the same proportions as the index. This approach generally comes with lower fees compared to actively managed funds.