SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Unusually-High Trading Volume – What’s Next?

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) shares saw an uptick in trading volume on Monday. Approximately 36,725 shares were traded during mid-day trading, an increase of 66% from the previous session’s volume of 22,148 shares. The stock last traded at $154.6510 and had previously closed at $154.81.

SPDR S&P Capital Markets ETF Price Performance

The stock has a fifty day moving average price of $163.07 and a two-hundred day moving average price of $155.21. The company has a market cap of $509.74 million, a P/E ratio of 21.50 and a beta of 1.24.

Institutional Trading of SPDR S&P Capital Markets ETF

Hedge funds have recently added to or reduced their stakes in the business. IMC Chicago LLC acquired a new position in SPDR S&P Capital Markets ETF during the 1st quarter worth $1,153,000. Worthington Financial Partners LLC bought a new position in shares of SPDR S&P Capital Markets ETF in the fourth quarter worth $571,000. Royal Bank of Canada increased its holdings in shares of SPDR S&P Capital Markets ETF by 34.0% during the first quarter. Royal Bank of Canada now owns 14,097 shares of the company’s stock valued at $1,940,000 after purchasing an additional 3,573 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P Capital Markets ETF by 13.0% during the second quarter. Envestnet Asset Management Inc. now owns 26,897 shares of the company’s stock valued at $3,960,000 after purchasing an additional 3,101 shares during the period. Finally, Accel Wealth Management increased its holdings in shares of SPDR S&P Capital Markets ETF by 7.9% during the second quarter. Accel Wealth Management now owns 27,798 shares of the company’s stock valued at $4,093,000 after purchasing an additional 2,035 shares during the period.

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).