SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Strong Trading Volume – Here’s Why

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw an uptick in trading volume on Monday. 36,725 shares traded hands during 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 Trading Down 1.3%

The company has a market capitalization of $503.05 million, a price-to-earnings ratio of 21.50 and a beta of 1.24. The firm has a 50-day simple moving average of $162.62 and a two-hundred day simple moving average of $155.46.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KCE. Worthington Financial Partners LLC acquired a new position in shares of SPDR S&P Capital Markets ETF in the 4th quarter valued at $571,000. Royal Bank of Canada boosted its holdings in 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 worth $1,940,000 after buying an additional 3,573 shares in the last quarter. IMC Chicago LLC acquired a new stake in SPDR S&P Capital Markets ETF during the first quarter valued at $1,153,000. Accel Wealth Management grew its position in SPDR S&P Capital Markets ETF by 5.4% during the third quarter. Accel Wealth Management now owns 29,297 shares of the company’s stock valued at $4,516,000 after buying an additional 1,499 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in 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 buying an additional 3,101 shares during the period.

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. 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).