Royal Bank of Canada Acquires 3,573 Shares of SPDR S&P Capital Markets ETF $KCE

Royal Bank of Canada raised its holdings in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 34.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 14,097 shares of the company’s stock after acquiring an additional 3,573 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P Capital Markets ETF were worth $1,940,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Qube Research & Technologies Ltd increased its stake 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 worth $51,000 after acquiring an additional 242 shares during the last quarter. Wells Fargo & Company MN bought a new stake in shares of SPDR S&P Capital Markets ETF during the 4th quarter valued at about $117,000. Advisory Services Network LLC bought a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter valued at about $129,000. Kaizen Financial Strategies grew its holdings in shares of SPDR S&P Capital Markets ETF by 9.7% during the first quarter. Kaizen Financial Strategies now owns 1,690 shares of the company’s stock worth $255,000 after purchasing an additional 150 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of SPDR S&P Capital Markets ETF during the third quarter worth about $269,000.

SPDR S&P Capital Markets ETF Trading Down 0.4%

KCE stock opened at $165.92 on Wednesday. The company’s 50 day moving average is $157.63 and its 200 day moving average is $150.53. The stock has a market cap of $472.87 million, a price-to-earnings ratio of 21.50 and a beta of 1.22. SPDR S&P Capital Markets ETF has a 1-year low of $132.30 and a 1-year high of $169.76.

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).