Cambridge Investment Research Advisors Inc. lowered its stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,380 shares of the company’s stock after selling 994 shares during the period. Cambridge Investment Research Advisors Inc. owned 5.50% of SPDR S&P Capital Markets ETF worth $2,038,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of KCE. DT Investment Partners LLC purchased a new stake in shares of SPDR S&P Capital Markets ETF during the 4th quarter worth approximately $445,000. Stifel Financial Corp increased its stake in shares of SPDR S&P Capital Markets ETF by 2.9% during the 3rd quarter. Stifel Financial Corp now owns 17,356 shares of the company’s stock worth $957,000 after purchasing an additional 483 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of SPDR S&P Capital Markets ETF by 3.4% during the 2nd quarter. Bank of America Corp DE now owns 43,089 shares of the company’s stock worth $2,390,000 after purchasing an additional 1,420 shares during the last quarter.
Shares of KCE stock opened at $63.29 on Friday. The company has a 50 day moving average of $60.83 and a 200-day moving average of $57.17. SPDR S&P Capital Markets ETF has a 12-month low of $50.77 and a 12-month high of $64.00.
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.
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