PNC Financial Services Group Inc. Reduces Position in SPDR S&P Capital Markets ETF $KCE

PNC Financial Services Group Inc. decreased its position in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 43.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,694 shares of the company’s stock after selling 5,837 shares during the period. PNC Financial Services Group Inc. owned 0.25% of SPDR S&P Capital Markets ETF worth $1,059,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans purchased a new position in shares of SPDR S&P Capital Markets ETF during the fourth quarter worth approximately $23,821,000. Bank of America Corp DE raised its position in SPDR S&P Capital Markets ETF by 15.2% in the 3rd quarter. Bank of America Corp DE now owns 696,270 shares of the company’s stock valued at $106,425,000 after purchasing an additional 91,907 shares during the last quarter. Two Sigma Investments LP acquired a new stake in SPDR S&P Capital Markets ETF during the 3rd quarter worth $4,020,000. BNP Paribas Financial Markets purchased a new position in SPDR S&P Capital Markets ETF during the 3rd quarter worth $3,821,000. Finally, Farther Finance Advisors LLC grew its position in SPDR S&P Capital Markets ETF by 112,059.1% during the 4th quarter. Farther Finance Advisors LLC now owns 24,675 shares of the company’s stock worth $3,700,000 after purchasing an additional 24,653 shares during the last quarter.

SPDR S&P Capital Markets ETF Stock Performance

NYSEARCA KCE opened at $160.04 on Friday. The firm’s fifty day moving average is $154.15 and its two-hundred day moving average is $150.00. SPDR S&P Capital Markets ETF has a one year low of $132.30 and a one year high of $162.55. The firm has a market cap of $460.92 million, a PE ratio of 21.50 and a beta of 1.22.

SPDR S&P Capital Markets ETF 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).