Raymond James Financial Services Advisors Inc. Invests $674,000 in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Raymond James Financial Services Advisors Inc. bought a new stake in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,611 shares of the company’s stock, valued at approximately $674,000.

A number of other institutional investors have also recently bought and sold shares of KCE. Advisory Services Network LLC acquired a new stake in SPDR S&P Capital Markets ETF during the first quarter valued at approximately $29,000. FMR LLC boosted its stake in SPDR S&P Capital Markets ETF by 134.0% in the 3rd quarter. FMR LLC now owns 585 shares of the company’s stock valued at $51,000 after buying an additional 335 shares in the last quarter. Global Retirement Partners LLC bought a new stake in SPDR S&P Capital Markets ETF in the third quarter valued at $87,000. Raymond James & Associates acquired a new position in SPDR S&P Capital Markets ETF during the third quarter worth $247,000. Finally, Wealthfront Advisers LLC raised its stake in 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 worth $350,000 after acquiring an additional 308 shares in the last quarter.

SPDR S&P Capital Markets ETF Stock Performance

Shares of NYSEARCA:KCE opened at $104.57 on Thursday. The company’s fifty day moving average is $106.63 and its 200-day moving average is $97.68. SPDR S&P Capital Markets ETF has a 52 week low of $76.19 and a 52 week high of $111.10. The company has a market capitalization of $224.83 million, a PE ratio of 21.63 and a beta of 1.11.

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.