Raymond James & Associates Increases Stock Holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Raymond James & Associates boosted its position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 33.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 21,625 shares of the company’s stock after purchasing an additional 5,451 shares during the period. Raymond James & Associates’ holdings in SPDR S&P Capital Markets ETF were worth $2,701,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of KCE. International Assets Investment Management LLC bought a new position in shares of SPDR S&P Capital Markets ETF in the second quarter worth about $32,000. Meitav Investment House Ltd. bought a new position in shares of SPDR S&P Capital Markets ETF in the second quarter worth about $241,000. AMJ Financial Wealth Management bought a new position in shares of SPDR S&P Capital Markets ETF in the first quarter worth about $319,000. Hanlon Investment Management Inc. bought a new position in shares of SPDR S&P Capital Markets ETF in the second quarter worth about $417,000. Finally, Ignite Planners LLC bought a new position in shares of SPDR S&P Capital Markets ETF in the second quarter worth about $420,000.

SPDR S&P Capital Markets ETF Stock Up 1.4 %

NYSEARCA KCE opened at $132.80 on Wednesday. The stock’s 50-day moving average price is $126.41 and its 200-day moving average price is $117.57. The company has a market capitalization of $265.60 million, a P/E ratio of 21.69 and a beta of 1.09. SPDR S&P Capital Markets ETF has a 52 week low of $85.24 and a 52 week high of $136.01.

SPDR S&P Capital Markets ETF 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.