Cookson Peirce & Co. Inc. Sells 433 Shares of SPDR S&P Insurance ETF $KIE

Cookson Peirce & Co. Inc. reduced its stake in SPDR S&P Insurance ETF (NYSEARCA:KIE) by 4.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,186 shares of the exchange traded fund’s stock after selling 433 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in SPDR S&P Insurance ETF were worth $609,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KIE. JPMorgan Chase & Co. grew its stake in shares of SPDR S&P Insurance ETF by 10.3% in the 1st quarter. JPMorgan Chase & Co. now owns 3,323,544 shares of the exchange traded fund’s stock valued at $201,175,000 after purchasing an additional 310,982 shares during the period. Citigroup Inc. grew its stake in shares of SPDR S&P Insurance ETF by 72.2% in the 1st quarter. Citigroup Inc. now owns 269,405 shares of the exchange traded fund’s stock valued at $16,307,000 after purchasing an additional 112,985 shares during the period. DRW Securities LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 1st quarter valued at approximately $5,811,000. Raymond James Financial Inc. grew its stake in shares of SPDR S&P Insurance ETF by 20.8% in the 1st quarter. Raymond James Financial Inc. now owns 388,367 shares of the exchange traded fund’s stock valued at $23,508,000 after purchasing an additional 66,746 shares during the period. Finally, Fortis Group Advisors LLC bought a new stake in shares of SPDR S&P Insurance ETF in the 1st quarter valued at approximately $3,726,000.

SPDR S&P Insurance ETF Trading Up 0.2%

KIE stock opened at $57.35 on Friday. The firm has a market cap of $645.19 million, a P/E ratio of 14.40 and a beta of 0.86. SPDR S&P Insurance ETF has a 1-year low of $52.37 and a 1-year high of $62.47. The business’s 50 day moving average is $58.67 and its 200-day moving average is $58.10.

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.