Raymond James Financial Inc. Buys New Holdings in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Raymond James Financial Inc. purchased a new position in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,035 shares of the company’s stock, valued at approximately $3,585,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Private Trust Co. NA lifted its holdings in SPDR S&P Capital Markets ETF by 2,500.0% during the 3rd quarter. Private Trust Co. NA now owns 728 shares of the company’s stock valued at $91,000 after purchasing an additional 700 shares during the last quarter. FMR LLC lifted its stake in shares of SPDR S&P Capital Markets ETF by 106.3% during the 3rd quarter. FMR LLC now owns 1,615 shares of the company’s stock worth $202,000 after buying an additional 832 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth about $2,680,000. EP Wealth Advisors LLC acquired a new position in SPDR S&P Capital Markets ETF in the 3rd quarter valued at about $168,000. Finally, MML Investors Services LLC raised its holdings in SPDR S&P Capital Markets ETF by 48.6% in the 3rd quarter. MML Investors Services LLC now owns 13,843 shares of the company’s stock valued at $1,729,000 after acquiring an additional 4,529 shares during the period.

SPDR S&P Capital Markets ETF Price Performance

KCE opened at $128.74 on Friday. The business has a fifty day simple moving average of $137.35 and a 200 day simple moving average of $136.23. SPDR S&P Capital Markets ETF has a 1 year low of $103.87 and a 1 year high of $149.66. The company has a market capitalization of $495.65 million, a PE ratio of 20.23 and a beta of 1.24.

SPDR S&P Capital Markets ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.5795 per share. The ex-dividend date was Monday, March 24th. This is an increase from SPDR S&P Capital Markets ETF’s previous dividend of $0.51.

About SPDR S&P Capital Markets ETF

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.