Raymond James Financial Services Advisors Inc. Purchases New Position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Raymond James Financial Services Advisors Inc. acquired a new position in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,611 shares of the company’s stock, valued at approximately $674,000. Raymond James Financial Services Advisors Inc. owned approximately 0.40% of SPDR S&P Capital Markets ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Assetmark Inc. acquired a new position in SPDR S&P Capital Markets ETF in the third quarter worth about $101,472,000. Envestnet Asset Management Inc. grew its position in shares of SPDR S&P Capital Markets ETF by 935.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 40,086 shares of the company’s stock worth $3,478,000 after acquiring an additional 36,216 shares in the last quarter. Aveo Capital Partners LLC bought a new stake in shares of SPDR S&P Capital Markets ETF in the 3rd quarter valued at approximately $3,467,000. Zimmermann Investment Management & Planning LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter valued at approximately $3,197,000. Finally, Bank of America Corp DE lifted its stake in SPDR S&P Capital Markets ETF by 47.8% during the first quarter. Bank of America Corp DE now owns 36,151 shares of the company’s stock worth $3,003,000 after purchasing an additional 11,687 shares during the last quarter.

SPDR S&P Capital Markets ETF Price Performance

KCE stock opened at $104.57 on Thursday. The firm has a market cap of $224.83 million, a price-to-earnings ratio of 21.63 and a beta of 1.11. SPDR S&P Capital Markets ETF has a 1-year low of $76.19 and a 1-year high of $111.10. The firm has a fifty day moving average price of $106.63 and a two-hundred day moving average price of $97.68.

SPDR S&P Capital Markets ETF 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.