Significant outflows in KRE and SMST ETFs, with component stocks showing mixed trading.
From Nasdaq Corporation
February 28, 2025 10:57 AM:
In the world of ETFs, the SPDR S&P Regional Banking ETF saw a significant outflow of 9,500,000 units, a 12.2% decrease from the previous week. Truist Financial and Citizens Financial Group, both components of KRE, experienced positive gains in morning trading.
Conversely, the Defiance Daily Target 1.5X Short MSTR ETF had the largest percentage outflow, losing 3,075,000 units, a 38.5% decline from the week before. Microstrategy, a key component of SMST, saw a 6.2% increase in morning trading.
Read more at Nasdaq: KRE, SMST: Big ETF Outflows
