SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Strong Trading Volume – What’s Next?

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) shares saw unusually-high trading volume on Friday . Approximately 33,733 shares traded hands during trading, an increase of 36% from the previous session’s volume of 24,742 shares.The stock last traded at $158.2250 and had previously closed at $160.49.

SPDR S&P Capital Markets ETF Trading Down 1.9%

The stock’s 50 day moving average price is $150.93 and its 200 day moving average price is $151.58. The firm has a market cap of $546.22 million, a PE ratio of 21.50 and a beta of 1.26.

Institutional Investors Weigh In On SPDR S&P Capital Markets ETF

Several hedge funds have recently modified their holdings of KCE. Qube Research & Technologies Ltd grew its position in SPDR S&P Capital Markets ETF by 226.2% in the second quarter. Qube Research & Technologies Ltd now owns 349 shares of the company’s stock valued at $51,000 after acquiring an additional 242 shares in the last quarter. Montag A & Associates Inc. purchased a new stake in shares of SPDR S&P Capital Markets ETF during the third quarter worth about $113,000. Advisory Services Network LLC acquired a new position in shares of SPDR S&P Capital Markets ETF in the third quarter worth about $129,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in SPDR S&P Capital Markets ETF during the 2nd quarter valued at approximately $145,000. Finally, Barometer Capital Management Inc. increased its holdings in SPDR S&P Capital Markets ETF by 11.1% during the 3rd quarter. Barometer Capital Management Inc. now owns 1,000 shares of the company’s stock worth $153,000 after purchasing an additional 100 shares during the last quarter.

SPDR S&P Capital Markets ETF Company 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. The S&P Capital Markets Select Industry Index consists of companies active in the United States capital markets that are listed on the New York Stock Exchange (NYSE), or another the United States national securities exchange (NASDAQ)/ National Market System (NMS).