SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Large Volume Increase – Time to Buy?

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) shares saw strong trading volume on Wednesday . 281,307 shares changed hands during mid-day trading, an increase of 726% from the previous session’s volume of 34,038 shares.The stock last traded at $145.0210 and had previously closed at $144.68.

SPDR S&P Capital Markets ETF Stock Up 0.8%

The firm’s 50-day moving average price is $151.33 and its two-hundred day moving average price is $145.75. The firm has a market capitalization of $611.20 million, a PE ratio of 21.50 and a beta of 1.26.

Institutional Trading of SPDR S&P Capital Markets ETF

Several large investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd boosted its position in shares of 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 worth $51,000 after buying an additional 242 shares during the period. AE Wealth Management LLC lifted its stake in SPDR S&P Capital Markets ETF by 229.3% in the 1st quarter. AE Wealth Management LLC now owns 573 shares of the company’s stock worth $72,000 after acquiring an additional 399 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in SPDR S&P Capital Markets ETF during the 2nd quarter worth about $145,000. WMG Financial Advisors LLC purchased a new position in SPDR S&P Capital Markets ETF during the 3rd quarter valued at about $208,000. Finally, Nova Wealth Management Inc. purchased a new position in SPDR S&P Capital Markets ETF during the 1st quarter valued at about $177,000.

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.