Private Advisor Group LLC Cuts Stock Holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Private Advisor Group LLC lessened its holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 23.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,210 shares of the company’s stock after selling 1,926 shares during the period. Private Advisor Group LLC’s holdings in SPDR S&P Capital Markets ETF were worth $776,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Fund Management LLC grew its stake in SPDR S&P Capital Markets ETF by 359.1% in the third quarter. Royal Fund Management LLC now owns 92,444 shares of the company’s stock valued at $11,598,000 after purchasing an additional 72,306 shares during the last quarter. Aveo Capital Partners LLC bought a new position in shares of SPDR S&P Capital Markets ETF during the 2nd quarter worth approximately $3,835,000. Envestnet Asset Management Inc. raised its stake 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 in the last quarter. Csenge Advisory Group lifted its position in SPDR S&P Capital Markets ETF by 63.4% during the second quarter. Csenge Advisory Group now owns 25,640 shares of the company’s stock valued at $2,828,000 after acquiring an additional 9,953 shares during the last quarter. Finally, Brookstone Capital Management acquired a new stake in SPDR S&P Capital Markets ETF in the third quarter valued at approximately $1,115,000.

SPDR S&P Capital Markets ETF Trading Down 0.2 %

Shares of KCE stock opened at $131.74 on Friday. The business’s fifty day simple moving average is $125.97 and its 200-day simple moving average is $117.10. SPDR S&P Capital Markets ETF has a 12-month low of $83.54 and a 12-month high of $136.01. The company has a market cap of $263.48 million, a PE ratio of 21.69 and a beta of 1.09.

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.