The State Street SPDR S&P Capital Markets ETF (KCE) made its debut on 11/08/2005, and is a smart beta exchange traded fund that provides broad exposure to the Financials ETFs category of the market.
Launched on November 8, 2005, the State Street SPDR S&P Capital Markets ETF (KCE) is a passively managed exchange traded fund designed to provide a broad exposure to the Financials - Brokers/ Capital markets segment of the equity market.
The State Street SPDR S&P Capital Markets ETF (KCE) was launched on 11/08/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 190 | $26,534.85 | $30,681.22 | $4,146.37 | 15.63% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 13 | $1,437.15 | $2,102.29 | $665.14 | 46.28% |
| MTW Masso Torrence Wealth Management Inc. Masso Torrence Wealth Management Inc. | 24,438 | $3.09M | $3.95M | $859,392.85 | 27.85% |
| TD Timothy Dempsey DHK Financial Advisors Inc. | 10,093 | $1.12M | $1.62M | $498,017.68 | 44.48% |
| CAD Chelsea A. Delgado Main Street Group Ltd. | 145 | $19,952 | $23,280.47 | $3,328.47 | 16.68% |
| ARCA Exchange | US Country |
The company operates as an investment fund that focuses primarily on the capital markets sector. It is designed to track the performance of the S&P Total Market Index's capital markets segment, which includes various financial services entities. The fund commits at least 80% of its total assets to securities that comprise this index, ensuring that its investment strategy closely aligns with the index's movements. This strategic alignment aims to provide investors with a transparent and focused exposure to the performance of broker-dealers, asset managers, trust and custody banks, and exchange companies. By concentrating on these specific sectors, the fund offers a unique investment avenue for those looking to invest in the financial services industry's growth and performance.
The fund invests substantially all its assets into securities that form part of the index it aims to track. This index is a segment of the S&P Total Market Index (S&P TMI) focused on the capital markets. Through this investment strategy, the fund provides its shareholders with the opportunity to participate directly in the performance of companies engaged in broker-dealings, asset management, and financial exchanges, among others. It's designed for investors seeking exposure to the financial markets' infrastructure backbone.
By specifically investing in the capital markets sector, the fund focuses on companies classified as broker-dealers, asset managers, trust and custody banks, or exchanges. These investments are chosen to mirror the performance of these critical components of the global financial ecosystem. This targeted investment approach allows shareholders to gain focused exposure to sectors that facilitate investment, safeguard assets, and provide the platforms necessary for capital market operations.