Triangle Securities Wealth Management Sells 832 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Triangle Securities Wealth Management trimmed its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 1.0% during the 4th quarter, HoldingsChannel reports. The fund owned 82,413 shares of the exchange traded fund’s stock after selling 832 shares during the quarter. SPDR S&P Insurance ETF comprises 1.2% of Triangle Securities Wealth Management’s holdings, making the stock its 22nd biggest position. Triangle Securities Wealth Management’s holdings in SPDR S&P Insurance ETF were worth $4,658,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of SPDR S&P Insurance ETF by 9.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,985,840 shares of the exchange traded fund’s stock worth $169,446,000 after purchasing an additional 248,015 shares during the last quarter. Two Sigma Advisers LP bought a new stake in SPDR S&P Insurance ETF during the 3rd quarter valued at about $12,990,000. SPC Financial Inc. bought a new stake in SPDR S&P Insurance ETF during the 3rd quarter valued at about $4,747,000. DRW Securities LLC purchased a new position in SPDR S&P Insurance ETF in the third quarter worth about $3,064,000. Finally, Fischer Investment Strategies LLC lifted its stake in shares of SPDR S&P Insurance ETF by 119.6% in the second quarter. Fischer Investment Strategies LLC now owns 70,638 shares of the exchange traded fund’s stock worth $3,520,000 after buying an additional 38,476 shares in the last quarter.

SPDR S&P Insurance ETF Stock Down 0.1 %

NYSEARCA:KIE opened at $57.29 on Friday. SPDR S&P Insurance ETF has a 52 week low of $45.73 and a 52 week high of $62.47. The stock has a market cap of $802.06 million, a price-to-earnings ratio of 15.18 and a beta of 0.58. The company’s 50 day moving average price is $58.27 and its 200-day moving average price is $56.07.

About SPDR S&P Insurance ETF

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.