SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC lifted its position in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 359.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 92,444 shares of the company’s stock after purchasing an additional 72,306 shares during the period. Royal Fund Management LLC’s holdings in SPDR S&P Capital Markets ETF were worth $11,598,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in SPDR S&P Capital Markets ETF in the second quarter valued at approximately $32,000. Meitav Investment House Ltd. acquired a new position in shares of SPDR S&P Capital Markets ETF during the 2nd quarter valued at $241,000. AMJ Financial Wealth Management purchased a new stake in SPDR S&P Capital Markets ETF during the 1st quarter worth $319,000. Hanlon Investment Management Inc. acquired a new stake in SPDR S&P Capital Markets ETF in the 2nd quarter valued at $417,000. Finally, Ignite Planners LLC acquired a new stake in SPDR S&P Capital Markets ETF in the 2nd quarter valued at $420,000.

SPDR S&P Capital Markets ETF Trading Up 0.7 %

Shares of KCE traded up $0.85 during midday trading on Wednesday, reaching $127.59. 929 shares of the company were exchanged, compared to its average volume of 47,403. SPDR S&P Capital Markets ETF has a 1-year low of $80.19 and a 1-year high of $127.59. The stock has a 50-day moving average price of $120.12 and a 200-day moving average price of $114.15. The company has a market cap of $255.18 million, a price-to-earnings ratio of 21.69 and a beta of 1.09.

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.