SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Large Decline in Short Interest
by Jessica Moore · The Cerbat GemSPDR S&P Capital Markets ETF (NYSEARCA:KCE – Get Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 304 shares, a decline of 96.8% from the March 31st total of 9,607 shares. Based on an average daily volume of 18,208 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
SPDR S&P Capital Markets ETF Trading Down 0.3%
SPDR S&P Capital Markets ETF stock traded down $0.45 during mid-day trading on Friday, hitting $150.17. The company had a trading volume of 12,499 shares, compared to its average volume of 23,872. The stock’s 50 day moving average price is $142.70 and its two-hundred day moving average price is $147.69. SPDR S&P Capital Markets ETF has a 12 month low of $121.39 and a 12 month high of $162.25. The company has a market capitalization of $446.00 million, a PE ratio of 21.50 and a beta of 1.26.
Institutional Investors Weigh In On SPDR S&P Capital Markets ETF
Hedge funds have recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd boosted its holdings in SPDR S&P Capital Markets ETF by 226.2% in the second quarter. Qube Research & Technologies Ltd now owns 349 shares of the company’s stock worth $51,000 after acquiring an additional 242 shares in the last quarter. Montag A & Associates Inc. bought a new stake in SPDR S&P Capital Markets ETF in the third quarter worth $113,000. Wells Fargo & Company MN bought a new stake in SPDR S&P Capital Markets ETF in the fourth quarter worth $117,000. Advisory Services Network LLC bought a new stake in SPDR S&P Capital Markets ETF in the third quarter worth $129,000. Finally, Barometer Capital Management Inc. boosted its holdings in SPDR S&P Capital Markets ETF by 11.1% in the third quarter. Barometer Capital Management Inc. now owns 1,000 shares of the company’s stock worth $153,000 after acquiring an additional 100 shares in 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).