Raymond James Financial Inc. Takes Position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Raymond James Financial Inc. purchased a new position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 26,035 shares of the company’s stock, valued at approximately $3,585,000. Raymond James Financial Inc. owned about 1.30% of SPDR S&P Capital Markets ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in shares of SPDR S&P Capital Markets ETF by 2,500.0% in the 3rd quarter. Private Trust Co. NA now owns 728 shares of the company’s stock valued at $91,000 after buying an additional 700 shares during the period. FMR LLC boosted its stake in SPDR S&P Capital Markets ETF by 106.3% in the third quarter. FMR LLC now owns 1,615 shares of the company’s stock valued at $202,000 after acquiring an additional 832 shares during the period. HighTower Advisors LLC bought a new position in shares of SPDR S&P Capital Markets ETF during the third quarter valued at approximately $2,680,000. EP Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter worth approximately $168,000. Finally, MML Investors Services LLC lifted its holdings in shares of 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 worth $1,729,000 after purchasing an additional 4,529 shares during the last quarter.

SPDR S&P Capital Markets ETF Stock Down 1.6 %

KCE stock opened at $128.74 on Friday. The stock has a market cap of $495.65 million, a PE ratio of 20.23 and a beta of 1.24. The firm’s 50-day simple moving average is $137.35 and its 200 day simple moving average is $136.23. SPDR S&P Capital Markets ETF has a fifty-two week low of $103.87 and a fifty-two week high of $149.66.

SPDR S&P Capital Markets ETF Increases Dividend

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

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.