SPDR S&P Capital Markets ETF $KCE Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 68.2% in the second quarter, Holdings Channel.com reports. The fund owned 769 shares of the company’s stock after selling 1,650 shares during the quarter. Assetmark Inc.’s holdings in SPDR S&P Capital Markets ETF were worth $111,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. AE Wealth Management LLC grew its stake in shares of SPDR S&P Capital Markets ETF by 229.3% during the 1st quarter. AE Wealth Management LLC now owns 573 shares of the company’s stock worth $72,000 after purchasing an additional 399 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in SPDR S&P Capital Markets ETF during the second quarter worth about $145,000. Nova Wealth Management Inc. acquired a new position in SPDR S&P Capital Markets ETF during the first quarter worth about $177,000. Lion Street Advisors LLC acquired a new position in SPDR S&P Capital Markets ETF during the second quarter worth about $217,000. Finally, Tidemark LLC increased its holdings in SPDR S&P Capital Markets ETF by 84.9% in the first quarter. Tidemark LLC now owns 1,529 shares of the company’s stock valued at $193,000 after buying an additional 702 shares in the last quarter.

SPDR S&P Capital Markets ETF Trading Up 0.8%

KCE stock opened at $146.22 on Monday. The firm has a 50 day moving average of $151.33 and a 200-day moving average of $146.13. The company has a market cap of $611.20 million, a price-to-earnings ratio of 21.50 and a beta of 1.26. 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.