Fisher Asset Management LLC Buys 59,590 Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Fisher Asset Management LLC boosted its stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 34.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,018 shares of the company’s stock after purchasing an additional 59,590 shares during the quarter. Fisher Asset Management LLC owned about 14.06% of SPDR S&P Capital Markets ETF worth $23,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KCE. Envestnet Portfolio Solutions Inc. purchased a new stake in SPDR S&P Capital Markets ETF in the third quarter valued at about $452,000. Envestnet Asset Management Inc. raised its stake in SPDR S&P Capital Markets ETF by 935.8% in the third quarter. Envestnet Asset Management Inc. now owns 40,086 shares of the company’s stock valued at $3,478,000 after buying an additional 36,216 shares during the last quarter. Baker Avenue Asset Management LP purchased a new stake in SPDR S&P Capital Markets ETF in the third quarter valued at about $1,490,000. DB Wealth Management Group LLC purchased a new stake in SPDR S&P Capital Markets ETF in the fourth quarter valued at about $699,000. Finally, Raymond James & Associates raised its stake in SPDR S&P Capital Markets ETF by 88.9% in the fourth quarter. Raymond James & Associates now owns 5,386 shares of the company’s stock valued at $549,000 after buying an additional 2,535 shares during the last quarter.

SPDR S&P Capital Markets ETF Stock Up 0.7 %

Shares of NYSEARCA:KCE opened at $109.17 on Wednesday. SPDR S&P Capital Markets ETF has a 52-week low of $80.19 and a 52-week high of $113.97. The stock has a market cap of $218.33 million, a price-to-earnings ratio of 21.69 and a beta of 1.09. The business has a 50-day moving average price of $109.43 and a 200-day moving average price of $105.18.

About SPDR S&P Capital Markets ETF

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.