SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Strong Trading Volume – Time to Buy?

Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw an uptick in trading volume on Wednesday . 99,965 shares traded hands during trading, an increase of 180% from the previous session’s volume of 35,674 shares.The stock last traded at $145.33 and had previously closed at $143.31.

SPDR S&P Capital Markets ETF Trading Up 1.5%

The company has a market capitalization of $608.25 million, a price-to-earnings ratio of 21.50 and a beta of 1.26. The company has a 50 day moving average price of $148.56 and a 200 day moving average price of $147.53.

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

A number of large investors have recently made changes to their positions in the company. Qube Research & Technologies Ltd boosted its position in SPDR S&P Capital Markets ETF by 226.2% in the second 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. AE Wealth Management LLC grew its stake in shares of SPDR S&P Capital Markets ETF by 229.3% in the 1st quarter. AE Wealth Management LLC now owns 573 shares of the company’s stock valued at $72,000 after buying an additional 399 shares during the period. Montag A & Associates Inc. acquired a new position in shares of SPDR S&P Capital Markets ETF during the third quarter worth approximately $113,000. Advisory Services Network LLC bought a new position in SPDR S&P Capital Markets ETF in the 3rd quarter valued at about $129,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of SPDR S&P Capital Markets ETF in the second quarter worth approximately $145,000.

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.