Royal Fund Management LLC Sells 43,333 Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Royal Fund Management LLC lowered its stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 46.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,111 shares of the company’s stock after selling 43,333 shares during the period. Royal Fund Management LLC owned 2.46% of SPDR S&P Capital Markets ETF worth $6,797,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Thrivent Financial for Lutherans bought a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth approximately $9,844,000. Miracle Mile Advisors LLC acquired a new position in shares of SPDR S&P Capital Markets ETF during the 4th quarter worth approximately $7,771,000. Merit Financial Group LLC acquired a new position in shares of SPDR S&P Capital Markets ETF during the 4th quarter worth approximately $5,633,000. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P Capital Markets ETF by 49.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 40,019 shares of the company’s stock worth $4,414,000 after acquiring an additional 13,273 shares during the last quarter. Finally, Baker Avenue Asset Management LP increased its holdings in shares of SPDR S&P Capital Markets ETF by 18.1% during the 3rd quarter. Baker Avenue Asset Management LP now owns 23,806 shares of the company’s stock worth $2,973,000 after acquiring an additional 3,657 shares during the last quarter.

SPDR S&P Capital Markets ETF Trading Up 0.9 %

KCE stock opened at $141.36 on Tuesday. The firm has a market capitalization of $282.72 million, a PE ratio of 21.69 and a beta of 1.09. SPDR S&P Capital Markets ETF has a 1-year low of $97.76 and a 1-year high of $149.66. The business’s 50 day simple moving average is $142.01 and its 200 day simple moving average is $129.49.

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.