Global Trust Asset Management LLC Takes $50,000 Position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Global Trust Asset Management LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 400 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in SPDR S&P Capital Markets ETF during the second quarter valued at about $32,000. Meitav Investment House Ltd. purchased a new stake in SPDR S&P Capital Markets ETF during the second quarter valued at about $241,000. AMJ Financial Wealth Management purchased a new stake in shares of SPDR S&P Capital Markets ETF in the first quarter worth approximately $319,000. Hanlon Investment Management Inc. purchased a new stake in shares of SPDR S&P Capital Markets ETF in the second quarter worth approximately $417,000. Finally, Ignite Planners LLC purchased a new stake in shares of SPDR S&P Capital Markets ETF in the second quarter worth approximately $420,000.

SPDR S&P Capital Markets ETF Price Performance

NYSEARCA KCE opened at $132.29 on Friday. The company has a 50 day simple moving average of $124.27 and a 200-day simple moving average of $115.98. The firm has a market capitalization of $264.58 million, a price-to-earnings ratio of 21.69 and a beta of 1.09. SPDR S&P Capital Markets ETF has a 52-week low of $80.19 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.