Royal Fund Management LLC Sells 12,665 Shares of SPDR S&P Capital Markets ETF $KCE

Royal Fund Management LLC lessened its stake in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 25.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 37,152 shares of the company’s stock after selling 12,665 shares during the quarter. Royal Fund Management LLC’s holdings in SPDR S&P Capital Markets ETF were worth $5,698,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Annex Advisory Services LLC bought a new stake in shares of SPDR S&P Capital Markets ETF during the third quarter valued at approximately $42,578,000. Presper Financial Architects LLC bought a new position in SPDR S&P Capital Markets ETF in the 3rd quarter valued at $21,069,000. 360 Financial Inc. increased its stake in shares of SPDR S&P Capital Markets ETF by 4.3% in the 2nd quarter. 360 Financial Inc. now owns 102,569 shares of the company’s stock valued at $14,865,000 after buying an additional 4,200 shares during the period. Thrivent Financial for Lutherans bought a new stake in shares of SPDR S&P Capital Markets ETF during the second quarter worth $14,351,000. Finally, Grimes & Company Inc. acquired a new position in shares of SPDR S&P Capital Markets ETF during the second quarter valued at $7,794,000.

SPDR S&P Capital Markets ETF Trading Up 0.3%

Shares of NYSEARCA:KCE opened at $161.48 on Monday. SPDR S&P Capital Markets ETF has a 1-year low of $104.46 and a 1-year high of $162.25. The stock has a market capitalization of $560.34 million, a P/E ratio of 21.50 and a beta of 1.26. The business has a 50-day moving average price of $149.94 and a two-hundred day moving average price of $151.32.

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).