Toth Financial Advisory Corp acquired a new position in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 23,829 shares of the exchange traded fund’s stock, valued at approximately $1,394,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of SPDR S&P Insurance ETF by 68.9% during the first quarter. Bank of America Corp DE now owns 551,932 shares of the exchange traded fund’s stock valued at $30,356,000 after purchasing an additional 225,106 shares during the period. Goldman Sachs Group Inc. grew its holdings in SPDR S&P Insurance ETF by 9.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,486,296 shares of the exchange traded fund’s stock worth $89,401,000 after acquiring an additional 123,462 shares during the period. Walleye Capital LLC bought a new stake in SPDR S&P Insurance ETF in the first quarter worth about $2,740,000. J.Safra Asset Management Corp lifted its holdings in SPDR S&P Insurance ETF by 3.3% in the 4th quarter. J.Safra Asset Management Corp now owns 719,781 shares of the exchange traded fund’s stock valued at $43,295,000 after acquiring an additional 23,190 shares during the last quarter. Finally, Fairvoy Private Wealth LLC bought a new position in shares of SPDR S&P Insurance ETF during the 1st quarter valued at about $750,000.
SPDR S&P Insurance ETF Stock Up 1.2%
Shares of NYSEARCA KIE traded up $0.69 during mid-day trading on Thursday, hitting $60.22. 278,240 shares of the company traded hands, compared to its average volume of 1,369,653. The business has a 50 day moving average of $62.59 and a two-hundred day moving average of $59.97. The stock has a market capitalization of $547.99 million, a price-to-earnings ratio of 14.40 and a beta of 0.59. SPDR S&P Insurance ETF has a 1 year low of $53.44 and a 1 year high of $66.53.
SPDR S&P Insurance ETF Company Profile
The SPDR S&P Insurance ETF (the Fund), formerly SPDR KBW Insurance ETF, seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests all, but at least 80%, of its total assets in the securities comprising the Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report).
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