SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Significant Decline in Short Interest

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 9,789 shares, a drop of 32.6% from the February 26th total of 14,523 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 16,668 shares, the short-interest ratio is presently 0.6 days.

SPDR S&P Capital Markets ETF Stock Down 2.5%

Shares of SPDR S&P Capital Markets ETF stock traded down $3.35 on Friday, hitting $132.62. The stock had a trading volume of 10,089 shares, compared to its average volume of 25,900. SPDR S&P Capital Markets ETF has a twelve month low of $104.46 and a twelve month high of $162.25. The business’s 50 day moving average is $146.19 and its two-hundred day moving average is $148.92. The stock has a market cap of $464.17 million, a price-to-earnings ratio of 21.50 and a beta of 1.26.

Institutional Trading of SPDR S&P Capital Markets ETF

Several institutional investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd grew its holdings in 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 valued at $51,000 after buying an additional 242 shares in the last quarter. Montag A & Associates Inc. acquired a new stake in shares of SPDR S&P Capital Markets ETF during the third quarter worth $113,000. Wells Fargo & Company MN acquired a new stake in shares of SPDR S&P Capital Markets ETF during the fourth quarter worth $117,000. Advisory Services Network LLC bought a new stake in shares of SPDR S&P Capital Markets ETF in the third quarter valued at about $129,000. Finally, Barometer Capital Management Inc. boosted its position in shares of 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 valued at $153,000 after acquiring an additional 100 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).