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ETF Close-Up: S&P Regional Banking (KRE)

|Includes: KBE, SPDR S&P Regional Banking ETF (KRE)


David Gillie is a Contributing Editor and subscriber to the ETF Digest.

He has been an Engineering Consultant for multi-million dollar construction claims, President and Founder of Envirospec, Inc. (Robotic Pipeline Inspection Equipment) and owner of David Gillie Woodworking & Design.

He divides his time between Wilmington, North Carolina and Fort Myers, Florida.



Remember the day when you used to deposit your paycheck into your hometown bank?

(notice the ashtrays at the teller windows)

The teller recognized you and knew you by name. 
Her name was Helen, right? She went to school with your sister.

Believe it or not, these banks are still around. And doing quite well, I might add.

S&P Regional Banking ETF (NYSEARCA:KRE) holds many of these banks.