AMJ Financial Wealth Management Purchases 758 Shares of SPDR S&P Capital Markets ETF (NYSEARCA:KCE)

AMJ Financial Wealth Management increased its position in SPDR S&P Capital Markets ETF (NYSEARCA:KCE) by 27.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,536 shares of the company’s stock after acquiring an additional 758 shares during the period. AMJ Financial Wealth Management owned about 0.18% of SPDR S&P Capital Markets ETF worth $487,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James & Associates raised its stake in shares of SPDR S&P Capital Markets ETF by 33.7% in the third quarter. Raymond James & Associates now owns 21,625 shares of the company’s stock worth $2,701,000 after purchasing an additional 5,451 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in SPDR S&P Capital Markets ETF in the 3rd quarter worth about $247,000. Hanlon Investment Management Inc. raised its position in SPDR S&P Capital Markets ETF by 3.3% in the 3rd quarter. Hanlon Investment Management Inc. now owns 3,908 shares of the company’s stock worth $488,000 after buying an additional 124 shares during the last quarter. Baker Avenue Asset Management LP lifted its stake in SPDR S&P Capital Markets ETF by 18.1% during the 3rd quarter. Baker Avenue Asset Management LP now owns 23,806 shares of the company’s stock valued at $2,973,000 after acquiring an additional 3,657 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of SPDR S&P Capital Markets ETF during the 3rd quarter valued at about $9,844,000.

SPDR S&P Capital Markets ETF Stock Down 1.9 %

KCE opened at $135.96 on Tuesday. The stock has a market capitalization of $541.12 million, a price-to-earnings ratio of 23.23 and a beta of 1.22. The firm has a 50 day moving average price of $140.78 and a 200-day moving average price of $135.33. SPDR S&P Capital Markets ETF has a twelve month low of $103.87 and a twelve month high of $149.66.

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.