Latest news with #KRE
Yahoo
3 days ago
- Yahoo
Release of Steven Lawson proceedings temporarily prohibited by court
NELSON COUNTY, Ky. (FOX 56) — The Nelson County Circuit Court has issued an order that temporarily prohibits media files from Steven Lawson's trial from being released. After his guilty conviction and subsequent request for a new trial, the circuit court is preparing for the upcoming trials of Brooks Houck and Joseph Lawson. HPD arrests woman for allegedly threatening drivers with box cutter Looking for a perfect swim day? These are the 5 clearest lakes in Kentucky Release of Steven Lawson proceedings temporarily prohibited by court Court documents state that the news media and other parties have requested a copy of Steven's trial proceedings in connection with the disappearance of Crystal Rogers. While considering the request, the court noted it has remained mindful of the public's right to inspect and copy court records and documents. With the trials of Houck and Joseph scheduled to begin on June 24 at the Warren County Justice Center, both the plaintiff and the defendants have gone on record stating they are opposed to the records from Steven's trial being released. The circuit court noted that, if the records were released ahead of the trial, videos would be played on television stations across the Commonwealth, which would make it 'highly likely that many prospective jurors' would form an opinion on how the case should be decided. The court also said that trial witnesses, some of whom had previously testified in Steven's trial, would also be able to access and view these recordings. Rule KRE 615 claims that witnesses from the trial are to be excluded to prevent them from hearing the testimony of other witnesses. Read more of the latest Kentucky news Robert Lawson noted in 'The Kentucky Evidence Law Handbook' that this rule is designed 'to elicit the truth, unveil the false and promote the ends of justice.' After taking all of these factors into account, the court ordered: The video recordings from the defendant's trial proceedings shall be sealed until the completion of the co-defendants' jury trials. That upon completion of the co-defendants' trials, the Nelson Circuit Clerk shall be allowed to release copies of the defendant's trial proceedings to the news media. Houck and Joseph are the other two people accused in connection with the death of Rogers, who was last seen on July 3, 2015. She is presumed to be dead, but her body has not been found. FOX 56 previously reported that Steven is scheduled to be sentenced in August. Madylin Goins contributed to this story. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
02-06-2025
- Business
- Yahoo
Should You Invest in the SPDR S&P Regional Banking ETF (KRE)?
The SPDR S&P Regional Banking ETF (KRE) was launched on 06/19/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Regional Banks segment of the equity market. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Financials - Regional Banks is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 8, placing it in top 50%. The fund is sponsored by State Street Global Advisors. It has amassed assets over $3.28 billion, making it one of the larger ETFs attempting to match the performance of the Financials - Regional Banks segment of the equity market. KRE seeks to match the performance of the S&P Regional Banks Select Industry Index before fees and expenses. The S&P Regional Banks Select Industry Index represents the regional banks segment of the S&P Total Market Index. When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 2.75%. While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Financials sector--about 100% of the portfolio. Looking at individual holdings, Huntington Bancshares Inc (HBAN) accounts for about 3% of total assets, followed by East West Bancorp Inc (EWBC) and M + T Bank Corp (MTB). The top 10 holdings account for about 28.14% of total assets under management. The ETF has lost about -5.12% so far this year and it's up approximately 21.33% in the last one year (as of 06/02/2025). In that past 52-week period, it has traded between $46.12 and $68.90. The ETF has a beta of 0.87 and standard deviation of 31.90% for the trailing three-year period, making it a high risk choice in the space. With about 142 holdings, it effectively diversifies company-specific risk. SPDR S&P Regional Banking ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, KRE is a great option for investors seeking exposure to the Financials ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well. Invesco KBW Regional Banking ETF (KBWR) tracks KBW Nasdaq Regional Banking Index and the iShares U.S. Regional Banks ETF (IAT) tracks Dow Jones U.S. Select Regional Banks Index. Invesco KBW Regional Banking ETF has $48.15 million in assets, iShares U.S. Regional Banks ETF has $617.26 million. KBWR has an expense ratio of 0.35% and IAT charges 0.40%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Regional Banking ETF (KRE): ETF Research Reports M&T Bank Corporation (MTB) : Free Stock Analysis Report Huntington Bancshares Incorporated (HBAN) : Free Stock Analysis Report East West Bancorp, Inc. (EWBC) : Free Stock Analysis Report iShares U.S. Regional Banks ETF (IAT): ETF Research Reports Invesco KBW Regional Banking ETF (KBWR): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Is SPDR S&P Regional Banking ETF (KRE) a Strong ETF Right Now?
Launched on 06/19/2006, the SPDR S&P Regional Banking ETF (KRE) is a smart beta exchange traded fund offering broad exposure to the Financials ETFs category of the market. For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is sponsored by State Street Global Advisors. It has amassed assets over $3.24 billion, making it one of the larger ETFs in the Financials ETFs. This particular fund, before fees and expenses, seeks to match the performance of the S&P Regional Banks Select Industry Index. The S&P Regional Banks Select Industry Index represents the regional banks segment of the S&P Total Market Index. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Operating expenses on an annual basis are 0.35% for this ETF, which makes it one of the least expensive products in the space. It's 12-month trailing dividend yield comes in at 2.77%. Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For KRE, it has heaviest allocation in the Financials sector --about 100% of the portfolio. Taking into account individual holdings, Huntington Bancshares Inc (HBAN) accounts for about 3% of the fund's total assets, followed by East West Bancorp Inc (EWBC) and M + T Bank Corp (MTB). The top 10 holdings account for about 28.14% of total assets under management. The ETF has lost about -5.92% so far this year and is up about 18.49% in the last one year (as of 05/27/2025). In the past 52-week period, it has traded between $46.12 and $68.90. The fund has a beta of 0.87 and standard deviation of 31.92% for the trailing three-year period, which makes KRE a high risk choice in this particular space. With about 142 holdings, it effectively diversifies company-specific risk. SPDR S&P Regional Banking ETF is an excellent option for investors seeking to outperform the Financials ETFs segment of the market. There are other ETFs in the space which investors could consider as well. Invesco KBW Regional Banking ETF (KBWR) tracks KBW Nasdaq Regional Banking Index and the iShares U.S. Regional Banks ETF (IAT) tracks Dow Jones U.S. Select Regional Banks Index. Invesco KBW Regional Banking ETF has $47.26 million in assets, iShares U.S. Regional Banks ETF has $604.61 million. KBWR has an expense ratio of 0.35% and IAT charges 0.40%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Financials ETFs. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Regional Banking ETF (KRE): ETF Research Reports M&T Bank Corporation (MTB) : Free Stock Analysis Report Huntington Bancshares Incorporated (HBAN) : Free Stock Analysis Report East West Bancorp, Inc. (EWBC) : Free Stock Analysis Report iShares U.S. Regional Banks ETF (IAT): ETF Research Reports Invesco KBW Regional Banking ETF (KBWR): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
16-05-2025
- Business
- Yahoo
Paul Tudor Jones Makes Bold Move with iShares Russell 2000 ETF
Paul Tudor Jones (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Paul Tudor Jones (Trades, Portfolio) II, founder and chief investment officer of Boston-based Tudor Investment Group, is one of the pioneers of the modern-day hedge fund industry. Jones began his career in the cotton pits before forming the firm in 1980. The guru was eager to create a firm differentiated by a steadfast dedication to client objectives and guided by strong ethics and values. While Tudor Investment is best known for its rich history in discretionary macro trading, the firm also has significant experience and capabilities in model-driven and systematic investment approaches. Management believes that firms must continually innovate in order to compete in rapidly evolving markets and thus, commits significant resources to research and development across a variety of strategies in order to expand the firm's edge. Ultimately, Tudor seeks to generate consistent returns for both client and proprietary capital through the use of best-in-class research, trading, and investment techniques. Warning! GuruFocus has detected 3 Warning Signs with NTRA. Paul Tudor Jones (Trades, Portfolio) added a total of 519 stocks, among them: The most significant addition was Intra-Cellular Therapies Inc (ITCI), with 621,815 shares, accounting for 0.27% of the portfolio and a total value of $82.03 million. The second largest addition to the portfolio was SPDR S&P Regional Banking ETF (KRE), consisting of 1,261,407 shares, representing approximately 0.24% of the portfolio, with a total value of $71.71 million. The third largest addition was Humana Inc (NYSE:HUM), with 199,331 shares, accounting for 0.18% of the portfolio and a total value of $52.74 million. Paul Tudor Jones (Trades, Portfolio) also increased stakes in a total of 509 stocks, among them: The most notable increase was iShares Russell 2000 ETF (IWM), with an additional 3,051,619 shares, bringing the total to 3,736,913 shares. This adjustment represents a significant 445.3% increase in share count, a 2.03% impact on the current portfolio, and a total value of $745.48 million. The second largest increase was INVESCO QQQ Trust (NASDAQ:QQQ), with an additional 228,753 shares, bringing the total to 248,961. This adjustment represents a significant 1,131.99% increase in share count, with a total value of $116.74 million. Paul Tudor Jones (Trades, Portfolio) completely exited 521 holdings in the first quarter of 2025, as detailed below: Infinera Corp (INFN): Paul Tudor Jones (Trades, Portfolio) sold all 15,915,186 shares, resulting in a -0.41% impact on the portfolio. CVS Health Corp (NYSE:CVS): Paul Tudor Jones (Trades, Portfolio) liquidated all 977,703 shares, causing a -0.17% impact on the portfolio. Paul Tudor Jones (Trades, Portfolio) also reduced positions in 403 stocks. The most significant changes include: Reduced ISHARES BITCOIN TR (NASDAQ:IBIT) by 3,303,026 shares, resulting in a -41.04% decrease in shares and a -0.67% impact on the portfolio. The stock traded at an average price of $52.94 during the quarter and has returned 6.04% over the past 3 months and 10.59% year-to-date. Reduced iShares Core S&P 500 ETF (IVV) by 252,989 shares, resulting in a -96.74% reduction in shares and a -0.57% impact on the portfolio. The stock traded at an average price of $590.51 during the quarter and has returned -2.88% over the past 3 months and 1.08% year-to-date. At the first quarter of 2025, Paul Tudor Jones (Trades, Portfolio)'s portfolio included 2,971 stocks, with top holdings including 2.48% in iShares Russell 2000 ETF (IWM), 0.74% in ISHARES BITCOIN TR (NASDAQ:IBIT), 0.53% in Kellanova (NYSE:K), 0.5% in Frontier Communications Parent Inc (NASDAQ:FYBR), and 0.45% in Spirit AeroSystems Holdings Inc (NYSE:SPR). The holdings are mainly concentrated in all 11 industries: Technology, Financial Services, Consumer Cyclical, Healthcare, Industrials, Communication Services, Consumer Defensive, Energy, Real Estate, Utilities, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Yahoo
15-05-2025
- Business
- Yahoo
Paul Tudor Jones Makes Bold Move with iShares Russell 2000 ETF
Paul Tudor Jones (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Paul Tudor Jones (Trades, Portfolio) II, founder and chief investment officer of Boston-based Tudor Investment Group, is one of the pioneers of the modern-day hedge fund industry. Jones began his career in the cotton pits before forming the firm in 1980. The guru was eager to create a firm differentiated by a steadfast dedication to client objectives and guided by strong ethics and values. While Tudor Investment is best known for its rich history in discretionary macro trading, the firm also has significant experience and capabilities in model-driven and systematic investment approaches. Management believes that firms must continually innovate in order to compete in rapidly evolving markets and thus, commits significant resources to research and development across a variety of strategies in order to expand the firm's edge. Ultimately, Tudor seeks to generate consistent returns for both client and proprietary capital through the use of best-in-class research, trading, and investment techniques. Warning! GuruFocus has detected 3 Warning Signs with NTRA. Paul Tudor Jones (Trades, Portfolio) added a total of 519 stocks, among them: The most significant addition was Intra-Cellular Therapies Inc (ITCI), with 621,815 shares, accounting for 0.27% of the portfolio and a total value of $82.03 million. The second largest addition to the portfolio was SPDR S&P Regional Banking ETF (KRE), consisting of 1,261,407 shares, representing approximately 0.24% of the portfolio, with a total value of $71.71 million. The third largest addition was Humana Inc (NYSE:HUM), with 199,331 shares, accounting for 0.18% of the portfolio and a total value of $52.74 million. Paul Tudor Jones (Trades, Portfolio) also increased stakes in a total of 509 stocks, among them: The most notable increase was iShares Russell 2000 ETF (IWM), with an additional 3,051,619 shares, bringing the total to 3,736,913 shares. This adjustment represents a significant 445.3% increase in share count, a 2.03% impact on the current portfolio, and a total value of $745.48 million. The second largest increase was INVESCO QQQ Trust (NASDAQ:QQQ), with an additional 228,753 shares, bringing the total to 248,961. This adjustment represents a significant 1,131.99% increase in share count, with a total value of $116.74 million. Paul Tudor Jones (Trades, Portfolio) completely exited 521 holdings in the first quarter of 2025, as detailed below: Infinera Corp (INFN): Paul Tudor Jones (Trades, Portfolio) sold all 15,915,186 shares, resulting in a -0.41% impact on the portfolio. CVS Health Corp (NYSE:CVS): Paul Tudor Jones (Trades, Portfolio) liquidated all 977,703 shares, causing a -0.17% impact on the portfolio. Paul Tudor Jones (Trades, Portfolio) also reduced positions in 403 stocks. The most significant changes include: Reduced ISHARES BITCOIN TR (NASDAQ:IBIT) by 3,303,026 shares, resulting in a -41.04% decrease in shares and a -0.67% impact on the portfolio. The stock traded at an average price of $52.94 during the quarter and has returned 6.04% over the past 3 months and 10.59% year-to-date. Reduced iShares Core S&P 500 ETF (IVV) by 252,989 shares, resulting in a -96.74% reduction in shares and a -0.57% impact on the portfolio. The stock traded at an average price of $590.51 during the quarter and has returned -2.88% over the past 3 months and 1.08% year-to-date. At the first quarter of 2025, Paul Tudor Jones (Trades, Portfolio)'s portfolio included 2,971 stocks, with top holdings including 2.48% in iShares Russell 2000 ETF (IWM), 0.74% in ISHARES BITCOIN TR (NASDAQ:IBIT), 0.53% in Kellanova (NYSE:K), 0.5% in Frontier Communications Parent Inc (NASDAQ:FYBR), and 0.45% in Spirit AeroSystems Holdings Inc (NYSE:SPR). The holdings are mainly concentrated in all 11 industries: Technology, Financial Services, Consumer Cyclical, Healthcare, Industrials, Communication Services, Consumer Defensive, Energy, Real Estate, Utilities, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Sign in to access your portfolio
