SPDR S&P Capital Markets ETF (NYSEARCA:KCE – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,236 shares, an increase of 1,293.4% from the April 15th total of 304 shares. Based on an average trading volume of 13,751 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
SPDR S&P Capital Markets ETF Stock Performance
Shares of NYSEARCA:KCE opened at $153.43 on Tuesday. The firm has a fifty day moving average price of $143.76 and a 200 day moving average price of $147.82. SPDR S&P Capital Markets ETF has a fifty-two week low of $132.30 and a fifty-two week high of $162.25. The firm has a market cap of $464.89 million, a price-to-earnings ratio of 21.50 and a beta of 1.24.
Hedge Funds Weigh In On SPDR S&P Capital Markets ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of SPDR S&P Capital Markets ETF by 15.2% during the third quarter. Bank of America Corp DE now owns 696,270 shares of the company’s stock worth $106,425,000 after acquiring an additional 91,907 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in shares of SPDR S&P Capital Markets ETF during the fourth quarter worth $23,821,000. Presper Financial Architects LLC boosted its position in shares of SPDR S&P Capital Markets ETF by 2.8% during the fourth quarter. Presper Financial Architects LLC now owns 141,662 shares of the company’s stock worth $21,239,000 after acquiring an additional 3,822 shares during the last quarter. 360 Financial Inc. boosted its position in shares of SPDR S&P Capital Markets ETF by 3.1% during the third quarter. 360 Financial Inc. now owns 105,797 shares of the company’s stock worth $16,171,000 after acquiring an additional 3,228 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of SPDR S&P Capital Markets ETF by 4.6% during the third quarter. UBS Group AG now owns 104,449 shares of the company’s stock worth $15,965,000 after acquiring an additional 4,632 shares during the last quarter.
About SPDR S&P Capital Markets ETF
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. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).
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