Short Interest in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Declines By 96.8%

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 304 shares, a decline of 96.8% from the March 31st total of 9,607 shares. Based on an average daily volume of 18,208 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On SPDR S&P Capital Markets ETF

A number of institutional investors have recently made changes to their positions in the stock. TigerOak Management L.L.C. increased its holdings in shares of SPDR S&P Capital Markets ETF by 0.9% in the 1st quarter. TigerOak Management L.L.C. now owns 28,405 shares of the company’s stock worth $3,909,000 after buying an additional 261 shares during the last quarter. Worthington Financial Partners LLC purchased a new position in SPDR S&P Capital Markets ETF in the 4th quarter worth $571,000. Cetera Investment Advisers raised its position in SPDR S&P Capital Markets ETF by 1.4% in the 4th quarter. Cetera Investment Advisers now owns 12,154 shares of the company’s stock worth $1,822,000 after purchasing an additional 163 shares during the period. Royal Bank of Canada raised its position in SPDR S&P Capital Markets ETF by 440.8% in the 4th quarter. Royal Bank of Canada now owns 10,524 shares of the company’s stock worth $1,578,000 after purchasing an additional 8,578 shares during the period. Finally, MML Investors Services LLC raised its position in SPDR S&P Capital Markets ETF by 12.8% in the 4th quarter. MML Investors Services LLC now owns 24,472 shares of the company’s stock worth $3,669,000 after purchasing an additional 2,785 shares during the period.

SPDR S&P Capital Markets ETF Trading Down 0.3%

Shares of NYSEARCA KCE traded down $0.45 during midday trading on Friday, hitting $150.17. The company’s stock had a trading volume of 12,499 shares, compared to its average volume of 23,872. The stock has a fifty day moving average price of $142.70 and a 200 day moving average price of $147.69. SPDR S&P Capital Markets ETF has a one year low of $121.39 and a one year high of $162.25. The firm has a market capitalization of $446.00 million, a price-to-earnings ratio of 21.50 and a beta of 1.26.

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. 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).