SPDR S&P Capital Markets ETF (NYSEARCA:KCE) Sees Significant Increase in Short Interest

SPDR S&P Capital Markets ETF (NYSEARCA:KCE) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 4,236 shares, an increase of 1,293.4% from the April 15th total of 304 shares. Based on an average daily trading volume, of 13,751 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

SPDR S&P Capital Markets ETF Stock Performance

Shares of NYSEARCA KCE traded down $0.18 during midday trading on Monday, reaching $153.43. The company’s stock had a trading volume of 45,515 shares, compared to its average volume of 22,587. 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 business’s 50 day moving average price is $143.76 and its two-hundred day moving average price is $147.82. The company has a market cap of $464.89 million, a P/E ratio of 21.50 and a beta of 1.24.

Institutional Investors Weigh In On SPDR S&P Capital Markets ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. raised its position in shares of SPDR S&P Capital Markets ETF by 440.0% in the third quarter. PNC Financial Services Group Inc. now owns 16,223 shares of the company’s stock valued at $2,480,000 after buying an additional 13,219 shares in the last quarter. Royal Fund Management LLC raised its position in shares of SPDR S&P Capital Markets ETF by 42.3% in the fourth quarter. Royal Fund Management LLC now owns 52,855 shares of the company’s stock valued at $7,942,000 after buying an additional 15,703 shares in the last quarter. Presper Financial Architects LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF in the third quarter valued at approximately $21,069,000. Vicus Capital raised its position in shares of SPDR S&P Capital Markets ETF by 16.7% in the fourth quarter. Vicus Capital now owns 27,357 shares of the company’s stock valued at $4,102,000 after buying an additional 3,913 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of SPDR S&P Capital Markets ETF by 112,059.1% in the fourth quarter. Farther Finance Advisors LLC now owns 24,675 shares of the company’s stock valued at $3,700,000 after buying an additional 24,653 shares in the last quarter.

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).