Cambridge Investment Research Advisors Inc. Cuts Stock Holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Cambridge Investment Research Advisors Inc. decreased its stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,201 shares of the company’s stock after selling 604 shares during the period. Cambridge Investment Research Advisors Inc. owned about 2.39% of SPDR S&P Capital Markets ETF worth $2,675,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Wealthfront Advisers LLC boosted its position in shares of SPDR S&P Capital Markets ETF by 8.7% during the first quarter. Wealthfront Advisers LLC now owns 3,831 shares of the company’s stock valued at $350,000 after buying an additional 308 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in SPDR S&P Capital Markets ETF by 8.5% in the first quarter. Envestnet Asset Management Inc. now owns 4,862 shares of the company’s stock worth $404,000 after purchasing an additional 379 shares during the last quarter. Royal Bank of Canada boosted its position in SPDR S&P Capital Markets ETF by 5.5% in the first quarter. Royal Bank of Canada now owns 13,526 shares of the company’s stock worth $1,235,000 after purchasing an additional 704 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its position in SPDR S&P Capital Markets ETF by 40.2% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 4,150 shares of the company’s stock worth $327,000 after purchasing an additional 1,190 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in SPDR S&P Capital Markets ETF by 5.6% in the third quarter. Jane Street Group LLC now owns 25,583 shares of the company’s stock worth $1,831,000 after purchasing an additional 1,365 shares during the last quarter.

SPDR S&P Capital Markets ETF Trading Up 0.6 %

KCE stock opened at $90.38 on Friday. The stock’s fifty day simple moving average is $88.46 and its two-hundred day simple moving average is $84.64. SPDR S&P Capital Markets ETF has a 1-year low of $69.70 and a 1-year high of $93.82. The stock has a market cap of $149.12 million, a P/E ratio of 12.16 and a beta of 1.17.

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.