Cary Street Partners Financial LLC acquired a new stake in SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,364 shares of the exchange traded fund’s stock, valued at approximately $360,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in SPDR S&P Insurance ETF by 0.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,012,562 shares of the exchange traded fund’s stock worth $170,270,000 after buying an additional 26,722 shares in the last quarter. J.Safra Asset Management Corp acquired a new stake in shares of SPDR S&P Insurance ETF during the 4th quarter worth $36,450,000. LPL Financial LLC increased its position in shares of SPDR S&P Insurance ETF by 14.6% in the fourth quarter. LPL Financial LLC now owns 624,315 shares of the exchange traded fund’s stock worth $35,286,000 after purchasing an additional 79,755 shares during the period. Ameriprise Financial Inc. lifted its position in SPDR S&P Insurance ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 454,331 shares of the exchange traded fund’s stock worth $25,667,000 after purchasing an additional 3,245 shares during the period. Finally, Bank of America Corp DE grew its stake in SPDR S&P Insurance ETF by 3.6% during the fourth quarter. Bank of America Corp DE now owns 453,621 shares of the exchange traded fund’s stock worth $25,639,000 after buying an additional 15,922 shares in the last quarter.
SPDR S&P Insurance ETF Trading Up 0.0 %
Shares of NYSEARCA:KIE opened at $58.66 on Friday. The firm has a 50 day moving average of $58.03 and a 200-day moving average of $58.02. SPDR S&P Insurance ETF has a 12 month low of $48.82 and a 12 month high of $62.47. The stock has a market capitalization of $918.03 million, a PE ratio of 12.21 and a beta of 0.72.
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.
Featured Articles
- Five stocks we like better than SPDR S&P Insurance ETF
- Dividend Payout Ratio Calculator
- Google Is Betting Big on Nuclear Reactors—Should You?
- How to Capture the Benefits of Dividend Increases
- Taiwan Semiconductor Has a New Reason to Rally on Chip Curbs
- What is the Dogs of the Dow Strategy? Overview and Examples
- Why Nearly 20 Analysts Raised Meta Price Targets Post-Earnings
Receive News & Ratings for SPDR S&P Insurance ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Insurance ETF and related companies with MarketBeat.com's FREE daily email newsletter.