Thrivent Financial for Lutherans Invests $23.82 Million in SPDR S&P Capital Markets ETF $KCE

Thrivent Financial for Lutherans bought a new position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) during the fourth quarter, Holdings Channel reports. The firm bought 158,881 shares of the company’s stock, valued at approximately $23,821,000.

A number of other hedge funds have also recently modified their holdings of KCE. Bank of America Corp DE grew its stake in shares of SPDR S&P Capital Markets ETF by 15.2% during the 3rd quarter. Bank of America Corp DE now owns 696,270 shares of the company’s stock worth $106,425,000 after purchasing an additional 91,907 shares during the period. Horizon Wealth Management LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth approximately $4,682,000. Two Sigma Investments LP acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth approximately $4,020,000. BNP Paribas Financial Markets acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth approximately $3,821,000. Finally, Farther Finance Advisors LLC grew its stake in shares of 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 period.

SPDR S&P Capital Markets ETF Stock Performance

KCE opened at $151.61 on Monday. The stock has a market capitalization of $459.38 million, a price-to-earnings ratio of 21.50 and a beta of 1.24. SPDR S&P Capital Markets ETF has a fifty-two week low of $132.30 and a fifty-two week high of $162.25. The company has a fifty day moving average of $144.33 and a two-hundred day moving average of $147.92.

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).