SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Strong Trading Volume – Here’s Why

by · The Cerbat Gem

SPDR S&P Capital Markets ETF (NYSEARCA:KCE – Get Free Report) saw strong trading volume on Wednesday . 99,965 shares traded hands during mid-day trading, an increase of 180% from the previous session’s volume of 35,674 shares.The stock last traded at $145.33 and had previously closed at $143.31.

SPDR S&P Capital Markets ETF Price Performance

The firm’s 50 day simple moving average is $148.56 and its 200-day simple moving average is $147.53. The company has a market cap of $608.25 million, a price-to-earnings ratio of 21.50 and a beta of 1.26.

Institutional Trading of SPDR S&P Capital Markets ETF

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its holdings in 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 period. Annex Advisory Services LLC purchased a new position in shares of SPDR S&P Capital Markets ETF in the 3rd quarter valued at about $42,578,000. Presper Financial Architects LLC purchased a new stake in SPDR S&P Capital Markets ETF during the third quarter worth about $21,069,000. 360 Financial Inc. increased its holdings in SPDR S&P Capital Markets ETF by 3.1% in the third quarter. 360 Financial Inc. now owns 105,797 shares of the company’s stock valued at $16,171,000 after buying an additional 3,228 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of SPDR S&P Capital Markets ETF by 4.6% during the 3rd 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 in the last quarter.

SPDR S&P Capital Markets ETF Company Profile

(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.

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