Miracle Mile Advisors LLC Makes New $7.77 Million Investment in SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

Miracle Mile Advisors LLC bought a new stake in shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 56,437 shares of the company’s stock, valued at approximately $7,771,000. Miracle Mile Advisors LLC owned 2.82% of SPDR S&P Capital Markets ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in KCE. Global Trust Asset Management LLC purchased a new stake in SPDR S&P Capital Markets ETF in the 3rd quarter valued at about $50,000. Private Trust Co. NA boosted its holdings in shares of SPDR S&P Capital Markets ETF by 2,500.0% in the third 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 period. EP Wealth Advisors LLC bought a new position in SPDR S&P Capital Markets ETF in the third quarter worth approximately $168,000. FMR LLC increased its holdings in 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 purchasing an additional 832 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of SPDR S&P Capital Markets ETF in the 3rd quarter worth $219,000.

SPDR S&P Capital Markets ETF Trading Down 0.2 %

Shares of SPDR S&P Capital Markets ETF stock traded down $0.31 during trading on Monday, hitting $132.93. 142,563 shares of the stock traded hands, compared to its average volume of 65,309. The stock’s fifty day simple moving average is $142.03 and its 200 day simple moving average is $128.53. The firm has a market cap of $265.86 million, a P/E ratio of 21.69 and a beta of 1.09. SPDR S&P Capital Markets ETF has a 52-week low of $97.51 and a 52-week high of $149.66.

SPDR S&P Capital Markets ETF 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.