Grimes & Company Inc. Takes Position in SPDR S&P Capital Markets ETF $KCE

Grimes & Company Inc. acquired a new position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,775 shares of the company’s stock, valued at approximately $7,794,000. Grimes & Company Inc. owned about 1.55% of SPDR S&P Capital Markets ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 360 Financial Inc. raised its holdings in SPDR S&P Capital Markets ETF by 6.0% in the 1st quarter. 360 Financial Inc. now owns 98,369 shares of the company’s stock worth $12,411,000 after acquiring an additional 5,603 shares during the period. IMC Chicago LLC bought a new position in shares of SPDR S&P Capital Markets ETF in the first quarter worth about $6,496,000. Nottingham Advisors Inc. increased its stake in shares of SPDR S&P Capital Markets ETF by 22.0% in the first quarter. Nottingham Advisors Inc. now owns 43,934 shares of the company’s stock worth $5,543,000 after purchasing an additional 7,923 shares during the period. Good Life Advisors LLC lifted its position in shares of SPDR S&P Capital Markets ETF by 2.9% during the 1st quarter. Good Life Advisors LLC now owns 29,948 shares of the company’s stock worth $3,779,000 after purchasing an additional 855 shares during the last quarter. Finally, Baker Avenue Asset Management LP boosted its stake in SPDR S&P Capital Markets ETF by 8.6% during the 1st quarter. Baker Avenue Asset Management LP now owns 28,652 shares of the company’s stock valued at $3,615,000 after purchasing an additional 2,263 shares during the period.

SPDR S&P Capital Markets ETF Stock Up 0.8%

KCE opened at $152.31 on Monday. The stock’s 50 day moving average price is $154.17 and its two-hundred day moving average price is $141.02. The firm has a market capitalization of $629.04 million, a P/E ratio of 21.50 and a beta of 1.17. SPDR S&P Capital Markets ETF has a 12-month low of $104.46 and a 12-month high of $158.42.

SPDR S&P Capital Markets ETF Profile

The SPDR S&P Capital Markets ETF (the Fund), formerly SPDR KBW Capital Markets ETF, seeks to closely match the returns and characteristics of the S&P Capital Markets Select Industry Index. The S&P Capital Markets Select Industry Index is a float-adjusted, modified-market, capitalization-weighted index that seeks to reflect the performance of the United States publicly traded companies that do business as broker dealers, asset managers, trust and custody banks or exchanges.