Masso Torrence Wealth Management Inc. Acquires New Shares in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Masso Torrence Wealth Management Inc. purchased a new stake in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 17,716 shares of the company’s stock, valued at approximately $2,212,000. SPDR S&P Capital Markets ETF makes up approximately 1.2% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in KCE. Envestnet Portfolio Solutions Inc. acquired a new position in shares of SPDR S&P Capital Markets ETF in the 2nd quarter valued at about $470,000. Atria Investments Inc grew its position in shares of SPDR S&P Capital Markets ETF by 3.9% during the 1st quarter. Atria Investments Inc now owns 18,346 shares of the company’s stock worth $2,028,000 after buying an additional 694 shares during the period. Oppenheimer & Co. Inc. bought a new stake in shares of SPDR S&P Capital Markets ETF in the 1st quarter valued at $875,000. Ascent Group LLC lifted its position in shares of SPDR S&P Capital Markets ETF by 37.1% during the 2nd quarter. Ascent Group LLC now owns 11,306 shares of the company’s stock valued at $1,247,000 after acquiring an additional 3,059 shares during the period. Finally, Private Advisor Group LLC boosted its stake in SPDR S&P Capital Markets ETF by 52.4% during the second quarter. Private Advisor Group LLC now owns 8,136 shares of the company’s stock worth $897,000 after acquiring an additional 2,798 shares in the last quarter.

SPDR S&P Capital Markets ETF Stock Performance

Shares of NYSEARCA KCE traded down $0.87 during midday trading on Friday, hitting $132.29. 21,668 shares of the stock traded hands, compared to its average volume of 53,226. SPDR S&P Capital Markets ETF has a one year low of $80.19 and a one year high of $136.01. The business has a 50 day moving average price of $124.27 and a two-hundred day moving average price of $115.98. The company has a market cap of $264.58 million, a PE ratio of 21.69 and a beta of 1.09.

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.