SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Short Interest Update

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 14,523 shares, a decline of 18.4% from the February 12th total of 17,789 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 28,403 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 28,403 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR S&P Capital Markets ETF

Several large investors have recently made changes to their positions in KCE. Qube Research & Technologies Ltd raised its holdings in shares of SPDR S&P Capital Markets ETF by 226.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 349 shares of the company’s stock worth $51,000 after purchasing an additional 242 shares in the last quarter. Montag A & Associates Inc. bought a new stake in SPDR S&P Capital Markets ETF during the third quarter worth approximately $113,000. Wells Fargo & Company MN bought a new stake in SPDR S&P Capital Markets ETF during the fourth quarter worth approximately $117,000. Advisory Services Network LLC acquired a new position in SPDR S&P Capital Markets ETF in the third quarter worth approximately $129,000. Finally, Barometer Capital Management Inc. grew its position in SPDR S&P Capital Markets ETF by 11.1% in the third quarter. Barometer Capital Management Inc. now owns 1,000 shares of the company’s stock worth $153,000 after buying an additional 100 shares during the last quarter.

SPDR S&P Capital Markets ETF Price Performance

Shares of KCE stock opened at $135.69 on Friday. The company has a 50-day moving average of $150.53 and a two-hundred day moving average of $150.21. SPDR S&P Capital Markets ETF has a 1-year low of $104.46 and a 1-year high of $162.25. The firm has a market cap of $474.92 million, a PE ratio of 21.50 and a beta of 1.26.

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).