Independent Advisor Alliance Invests $564,000 in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Independent Advisor Alliance bought a new stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,099 shares of the company’s stock, valued at approximately $564,000. Independent Advisor Alliance owned 0.20% of SPDR S&P Capital Markets ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 4th quarter valued at $3,585,000. Proficio Capital Partners LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 4th quarter valued at $3,034,000. AMJ Financial Wealth Management boosted its stake in shares of SPDR S&P Capital Markets ETF by 27.3% during the 4th quarter. AMJ Financial Wealth Management now owns 3,536 shares of the company’s stock valued at $487,000 after buying an additional 758 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of SPDR S&P Capital Markets ETF by 287.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,294 shares of the company’s stock valued at $729,000 after buying an additional 3,928 shares during the period. Finally, Private Trust Co. NA boosted its stake in shares of SPDR S&P Capital Markets ETF by 58.5% during the 4th quarter. Private Trust Co. NA now owns 1,154 shares of the company’s stock valued at $159,000 after buying an additional 426 shares during the period.

SPDR S&P Capital Markets ETF Stock Up 2.5 %

Shares of NYSEARCA:KCE opened at $125.49 on Monday. The firm has a market capitalization of $505.72 million, a P/E ratio of 20.33 and a beta of 1.24. The firm has a fifty day moving average of $138.62 and a two-hundred day moving average of $135.81. SPDR S&P Capital Markets ETF has a 12-month low of $103.87 and a 12-month high of $149.66.

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.