KCE - KCE: Poised To Continue As Markets Trend
2024-03-15 08:08:48 ET
Summary
- SPDR S&P Capital Markets ETF tracks the performance of the S&P Capital Markets Select Industry Index.
- KCE offers investors exposure to various sub-sectors within the capital markets sector.
- The Fund has a low-cost structure, equal-weighted investment approach, and provides diversified exposure to the U.S. capital markets sector.
There's an old adage on Wall Street that as the brokers go, so too does the market. This makes some sense. As custodians grow, it suggests there are more investors putting money to work and allocating in various asset classes. I don't know just how true this adage holds today, but it is worth looking into the industry for opportunities given how markets have generally been since the start of last year (with the exception of small-caps and emerging markets, of course). One ETF that tracks this part of the marketplace is the SPDR S&P Capital Markets ETF ( KCE )....
KCE: Poised To Continue As Markets Trend