CIBC Private Wealth Group LLC Buys 318 Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

CIBC Private Wealth Group LLC lifted its stake in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 22.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,742 shares of the company’s stock after buying an additional 318 shares during the period. CIBC Private Wealth Group LLC’s holdings in SPDR S&P Capital Markets ETF were worth $240,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KCE. FMR LLC increased its holdings in SPDR S&P Capital Markets ETF by 106.3% in the 3rd quarter. FMR LLC now owns 1,615 shares of the company’s stock valued at $202,000 after buying an additional 832 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of SPDR S&P Capital Markets ETF in the 3rd quarter valued at approximately $219,000. Steward Partners Investment Advisory LLC raised its stake in SPDR S&P Capital Markets ETF by 287.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,294 shares of the company’s stock worth $729,000 after acquiring an additional 3,928 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of SPDR S&P Capital Markets ETF by 123.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,280 shares of the company’s stock worth $1,002,000 after purchasing an additional 4,023 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF during the third quarter worth approximately $2,680,000.

SPDR S&P Capital Markets ETF Stock Down 6.7 %

SPDR S&P Capital Markets ETF stock opened at $110.90 on Monday. SPDR S&P Capital Markets ETF has a 12-month low of $103.87 and a 12-month high of $149.66. The stock has a 50-day simple moving average of $134.88 and a 200 day simple moving average of $136.57. The stock has a market capitalization of $426.97 million, a price-to-earnings ratio of 20.23 and a beta of 1.24.

SPDR S&P Capital Markets ETF Increases Dividend

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

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.