SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Share Price Breaks Above Two Hundred Day Moving Average – What’s Next?

Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $153.32 and traded as high as $154.09. SPDR S&P Capital Markets ETF shares last traded at $154.09, with a volume of 25,739 shares.

SPDR S&P Capital Markets ETF Price Performance

The stock has a market capitalization of $436.81 million, a P/E ratio of 21.50 and a beta of 1.24. The firm has a 50 day moving average of $159.09 and a 200-day moving average of $153.31.

Institutional Trading of SPDR S&P Capital Markets ETF

Institutional investors have recently modified their holdings of the company. Kaizen Financial Strategies increased its holdings in SPDR S&P Capital Markets ETF by 9.7% in the 1st quarter. Kaizen Financial Strategies now owns 1,690 shares of the company’s stock valued at $255,000 after buying an additional 150 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of SPDR S&P Capital Markets ETF in the 3rd quarter worth approximately $636,000. IMC Chicago LLC acquired a new position in SPDR S&P Capital Markets ETF in the first quarter worth $1,153,000. Royal Bank of Canada grew its holdings in shares of 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 worth $1,940,000 after purchasing an additional 3,573 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of 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 buying an additional 3,101 shares in the last quarter.

About SPDR S&P Capital Markets ETF

(Get Free Report)

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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