Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE – Get Free Report) fell 0.1% during mid-day trading on Wednesday. The stock traded as low as $153.95 and last traded at $154.14. 14,810 shares changed hands during trading, a decline of 33% from the average session volume of 22,139 shares. The stock had previously closed at $154.29.
SPDR S&P Capital Markets ETF Stock Down 0.1%
The business’s 50 day moving average is $163.69 and its 200 day moving average is $154.32. The company has a market cap of $513.29 million, a P/E ratio of 21.50 and a beta of 1.22.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Worthington Financial Partners LLC purchased a new stake in shares of SPDR S&P Capital Markets ETF during the 4th quarter worth $571,000. Royal Bank of Canada boosted its position in SPDR S&P Capital Markets ETF by 34.0% during the first quarter. Royal Bank of Canada now owns 14,097 shares of the company’s stock valued at $1,940,000 after purchasing an additional 3,573 shares in the last quarter. IMC Chicago LLC purchased a new position in SPDR S&P Capital Markets ETF in the first quarter valued at about $1,153,000. Envestnet Asset Management Inc. grew its stake in SPDR S&P Capital Markets ETF by 13.0% in the second quarter. Envestnet Asset Management Inc. now owns 26,897 shares of the company’s stock valued at $3,960,000 after purchasing an additional 3,101 shares during the last quarter. Finally, Accel Wealth Management grew its stake in SPDR S&P Capital Markets ETF by 7.9% in the second quarter. Accel Wealth Management now owns 27,798 shares of the company’s stock valued at $4,093,000 after purchasing an additional 2,035 shares during the last quarter.
SPDR S&P Capital Markets ETF Company 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. 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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