Stephens Inc. AR Invests $700,000 in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Stephens Inc. AR bought a new stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 5,551 shares of the company’s stock, valued at approximately $700,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KCE. Bank of America Corp DE boosted its holdings in shares of SPDR S&P Capital Markets ETF by 31.3% in the 4th quarter. Bank of America Corp DE now owns 636,559 shares of the company’s stock worth $87,654,000 after purchasing an additional 151,776 shares during the period. IMC Chicago LLC bought a new stake in SPDR S&P Capital Markets ETF during the 1st quarter valued at $6,496,000. LPL Financial LLC raised its position in shares of SPDR S&P Capital Markets ETF by 39.6% in the 4th quarter. LPL Financial LLC now owns 179,789 shares of the company’s stock worth $24,757,000 after acquiring an additional 50,977 shares in the last quarter. Nottingham Advisors Inc. bought a new position in shares of SPDR S&P Capital Markets ETF in the 4th quarter worth $4,959,000. Finally, Raymond James Financial Inc. purchased a new position in SPDR S&P Capital Markets ETF during the 4th quarter worth $3,585,000.

SPDR S&P Capital Markets ETF Stock Performance

SPDR S&P Capital Markets ETF stock opened at $153.16 on Friday. SPDR S&P Capital Markets ETF has a fifty-two week low of $104.46 and a fifty-two week high of $153.55. The company has a market cap of $532.23 million, a PE ratio of 21.50 and a beta of 1.17. The business’s 50-day simple moving average is $140.44 and its two-hundred day simple moving average is $134.71.

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.